Gumi Inc. Boosts Treasury with Bitcoin and XRP After $38 Million Raise
- Gumi Inc. raised $38 million through SBI Securities, planning to invest approximately $13.5 million in BTC and XRP.
- The company aims to enhance its Digital Asset Treasury (DAT) for value generation through price appreciation and staking.
- Gumi previously purchased $6.7 million in BTC, utilizing staking platforms like Babylon to boost asset value.
- In late August, Gumi initiated an XRP treasury with a planned acquisition of $17 million worth of tokens.
- Japan Post Bank is launching a digital yen-based token, DCJPY, by 2026 for its customer base of over 120 million accounts.
Gumi’s investments in Bitcoin and XRP reflect the growing cryptocurrency adoption in Japan, particularly as institutions explore digital assets amid market pressures.
With a commitment of around $13.5 million towards BTC and XRP, Gumi aims to strengthen its treasury while capitalizing on the evolving crypto landscape in Japan.(Source)
