Japanese gaming and blockchain firm gumi, supported by SBI Group, has consolidated an $86 million digital asset treasury into XRP and launched an $18.3 million actively managed SBI Crypto Fund. This dual strategy aims to establish XRP as gumi's long-term reserve asset while offering professional crypto investment services for institutions. Additionally, gumi is developing an advanced digital asset accounting platform to streamline blockchain transaction management for institutional clients, enhancing compliance and operational efficiency. These moves position gumi and SBI as key players in Japan's growing institutional crypto ecosystem centered on XRP.
XRP is currently trading near $1.29 but faces pressure as large holders reduce their exposure, raising the risk of a deeper price correction. Critical support lies between $1.25 and $1.26; a break below this could push XRP down to $1.11 and possibly ...
GraniteShares ETF Trust filed an amendment with the SEC to delay the effective date of its leveraged crypto ETFs, including 3x Long and 3x Short XRP Daily ETFs, as well as Bitcoin, Ethereum, and Solana funds, to November 30, 2026. The filing does not...
Ripple has received final approval from the Office of the Comptroller of the Currency (OCC) to establish Ripple National Trust Bank, which will manage the reserves of its RLUSD stablecoin now valued at about $2.5 billion. This federal oversight enhan...
The Office of the Comptroller of the Currency (OCC) has given Ripple final approval to establish Ripple National Trust Bank, a federally supervised national trust bank. This follows a conditional approval from December 2025 and allows the bank to man...
Daily active addresses on the XRP network have fallen sharply to about 24,300 from a high of nearly 938,000 in August, while the total number of holders has increased to roughly 8.26 million. This indicates weaker daily trading activity despite a gro...
