August 3, 2026·Bullish·institutional

SBI-Backed gumi Moves $86M Treasury into XRP, Launches $18.3M Fund

SBI-backed Japanese firm gumi converted its entire $86 million crypto treasury into XRP, positioning itself to become Japan's largest XRP holder. It also launched an $18.3 million fund with SBI for actively managed institutional investments, signaling a strategic shift toward XRP.

Detected & updated continuously · Source: Nebula

Mentioned

XRP (xrp)SBI Holdings (SBI)

Sources

@RipBullWinkle

SBI-backed gumi just moved its entire $86M crypto treasury into $XRP, targeting the title of Japan's largest XRP holder. They also launched an $18.3M fund with SBI for actively managed institutional exposure to Bitcoin and altcoins. Big institutional money getting very comfortab