SBI-Backed Gumi Allocates $86M to XRP Strategy

Gumi dedicates $86M to XRP, signaling a concentrated treasury approach for Japanese institutions amid SBI Group backing.

Woofun AI reports that Gumi, backed by SBI Group, has committed $86 million to an XRP-focused strategy. This move represents a shift toward concentrated corporate conviction rather than maintaining a diversified crypto portfolio. The initiative addresses operational barriers for institutional adoption of digital assets in Japan. Gumi’s allocation is part of a broader push encompassing treasury management, investment products, and enterprise infrastructure.