XRP Rises Above $2.40 on Ripple Treasury Expansion and Institutional Deals

XRP climbed above $2.40 as Ripple acquired GTreasury to integrate XRP into corporate treasury operations, according to reports. A proposed $1 billion digital asset treasury initiative aims to accumulate XRP and boost liquidity. New partnerships with Absa Bank, DBS Bank, and Franklin Templeton are also underway. CME reported record open interest in XRP futures, signaling growing institutional adoption.

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