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SBI-Backed gumi Makes $86M XRP Bet to Dominate Japan
['Brian Njuguna', 'Brian Njuguna Is A Seasoned Crypto Journalist At Coinpaper', 'Specializing In Blockchain Innovation', 'Market Trends', 'Regulatory Developments. With A Background In Economics', 'Years Of Experience Covering The Digital Asset Space', 'Brian Delivers Sharp', 'Data-Driven Insights That Cut Through The Hype. His Reporting Bridges Global Crypto Narratives With Emerging Market Perspectives', 'Making Complex Topics Accessible To A Wide Audience.', 'Min Read']
Coinpaper
SBI-Backed gumi Builds XRP-Centric Ecosystem With $86M Treasury and Institutional Crypto FundSBI-backed gumi is making a far bigger play than simply accumulating crypto.
Complementing the treasury strategy is SBI Crypto Fund LLC, which takes a different approach.
SBI-Backed gumi Expands XRP Strategy With Institutional Fund and Enterprise Accounting PlatformCrypto analyst Eri believes the strategy extends even further.
According to Eri, gumi is positioning itself as a leading Digital Asset Treasury (DAT) management company with XRP at its core.
Therefore, gumi's XRP treasury, SBI Crypto Fund, and Hinode's institutional accounting platform represent more than isolated investments.