- Gumi approves ¥2.5B ($17M) XRP purchase, formalizing a twin BTC–XRP treasury plan aligned with SBI holdings through 2026.
- Allocation scheduled September 2025 to February 2026; XRP prioritized for cross-border liquidity rails, while Bitcoin anchors long-term reserves.
Japan’s Gumi Inc. approved a ¥2.5 billion ($17 million) XRP purchase, formalizing a twin BTC–XRP treasury plan. The Tokyo-listed gaming and blockchain firm scheduled the allocation for September 2025 through February 2026, framing it as a medium- to long-term move rather than a short-term trade. The decision aligns with top shareholder SBI Holdings, a long-time Ripple partner promoting XRP for cross-border settlement and liquidity services.
However, Gumi is not dropping Bitcoin. The company reiterated that BTC remains a core holding and said it intends to manage exposure more actively, including through staking-style arrangements offered by partners. In June, Gumi and SBI disclosed plans for a multi-billion-yen crypto management fund, reinforcing the shift from experimentation to structured treasury programs.
XRP traded near $2.73, down 3.88% on the day, while Bitcoin slipped 0.59% to about $108,074.63. Gumi’s share price rose 6.14% to 640 JPY, whereas SBI fell 4.04% to 6,716 JPY. These moves suggest investors are still parsing how treasury allocations, funding structures, and regulatory timelines will intersect over the next two quarters.
In parallel, Japan’s Financial Services Agency is preparing reforms that combine tax changes with stronger supervisory rules. The package includes provisions that could permit crypto-linked ETFs and refine investor protections. If approved, broader access to listed products would lower operational frictions for corporates that prefer exchange-traded exposure to direct custody.
Moreover, Gumi’s decision explains why it prioritized XRP over Ethereum at this stage: strategic fit with SBI’s payment rails and a concrete distribution network across banks and remittance providers. In practical terms, treasury managers want instruments that clear quickly, price transparently, and settle reliably across jurisdictions.
Therefore, the BTC–XRP split functions as a twin engine: Bitcoin for long-term store-of-value exposure and XRP for transactional liquidity. Execution—custody, reporting, liquidity sourcing—will determine whether this plan becomes a template for other Japanese corporates or remains a single-issuer case study.
