Japanese Corporate Altcoin Buying Spree Continues With Gumi to Spend $17M on XRP

Major Japanese companies are continuing to buy Bitcoin (BTC) and altcoins with their balance sheets, with the mobile gaming firm Gumi poised to spend 2.5 billion yen ($17 million) on XRP ￰1￱ an official Gumi release and a report from the Japanese media outlet CoinPost , the Tokyo Stock Exchange-listed firm’s board of directors has signed off on the ￰2￱ firm said it aims to complete the purchase before the end of February next year. Gumi’s largest shareholder is SBI Holdings. Gumi: XRP and BTC Are ‘Two Pillars’ of Our Financial Strategy SBI is a long-term partner of the XRP issuer Ripple, and an ardent advocate of the ￰3￱ Gumi has also proven to be extremely ￰4￱ (TYO: 3903) share prices on the Tokyo Stock Exchange over the past month.

() The firm announced plans to buy over $6.5 million worth of Bitcoin back in ￰5￱ in March this year, Gumi held a $106,000 BTC lottery event for its newest ￰6￱ officials said that the future XRP buy is not purely speculative. Instead, it called the move a “strategic initiative” that would allow it to move into the financial ￰7￱ company claimed its move would help it participate in the XRP ￰8￱ ecosystem, officials aid, is now playing a central role in international remittances and liquidity ￰9￱ cross-border remittances and liquidity are values “at the core of” SBI’s operations, Gumi ￰10￱ will thus take on “great significance” as a medium- to long-term growth asset, Gumi ￰11￱ has also unveiled plans to launch a multi-billion yen crypto management fund in conjunction with ￰12￱ $300B stablecoin market is set to grow into the ￰13￱ with @sbivc_official , we’re bringing $RLUSD to Japan in early 2026, offering users and institutions a trusted, regulated and fully-backed stablecoin built for enterprise use cases. ￰0￱ — Ripple (@Ripple) August 22, 2025 SBI: Aiming for Crypto ETF SBI wants to launch an exchange-traded fund (ETF) that incorporates BTC, XRP, and other ￰14￱ firm is currently waiting on approval from Tokyo, which continues to deliberate on crypto ETF ￰15￱ has also said that it will look to manage its Bitcoin holdings by using staking ￰16￱ company has also explained that it sees BTC and XRP as two separate pillars of its growth strategy.

XRP, it said, is a “network asset that is rooted in real financial demand.” Bitcoin, meanwhile, is a “globally universal asset,” Gumi believes.