Ripple-backed corporate treasury provider GTreasury has acquired Solvexia, a no-code automation platform specializing in reconciliation and regulatory reporting. The acquisition aims to reduce manual processes, enhance audit controls, and ensure compliance across traditional and digital asset financial operations. GTreasury cited improvements in verification speed and accuracy, noting a 100-fold reduction in reconciliation time and a 98% drop in errors.
The integration combines GTreasury’s existing digital asset infrastructure with Solvexia’s automation tools, enabling enterprise finance teams to streamline governance and audit procedures. The platform supports treasury, compliance, and reporting workflows while maintaining interoperability with traditional banking systems, easing corporate adoption of blockchain-based payments and real-time settlement solutions.
The acquisition comes amid continued market volatility for XRP, which retraced to $2.28 following an almost 30% rally over the prior week. Futures open interest saw minor fluctuations across CME and Binance, reflecting cautious institutional positioning as Ripple expands its corporate treasury and regulatory infrastructure.
