Japan’s Gumi Inc., known in the gaming sector, is moving deeper into crypto by planning a major purchase of 0 company said it will acquire 2.5 billion yen, or close to $17 million, worth of the token as part of its blockchain 1 Reading: Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock Accumulation Over Several Months According to a press release, the acquisition will not be a single purchase. Instead, Gumi will buy XRP gradually from September 2025 through February 2 spreading out its spending, the company appears to be aiming at lowering risk from sudden price changes in the 3 Price Could See Boost Analysts say Gumi’s steady, large-scale commitment could act as a price 4 2.5 billion yen entering the market over several months, consistent buying pressure might create upward momentum — especially if other institutions keep adding XRP to their 5 move also sends a signal: a gaming organization tied to SBI Holdings is backing XRP’s role in cross-border payments and liquidity 6 confidence could draw extra investor attention to the token’s long-term 7 company explained the move as part of its effort to get involved with XRP’s 8 highlighted XRP’s role in global remittances and its expanding use in financial services.
Ripple’s close ties with SBI Holdings, Gumi’s major shareholder, were also pointed out as an important factor in the 9 Already In Play Before this XRP announcement, Gumi had already added Bitcoin to its balance 10 this year, the company spent 1 billion yen, around $6.7 million, to acquire 11 investment didn’t just sit 12 Bitcoin was staked on Babylon, a protocol that allows holders to earn rewards while waiting for possible price 13 that strategy already in motion, the company is now set to run a two-pronged approach: Bitcoin will be used to generate steady income through staking, while XRP will be held as a long-term asset tied to its growing utility in payments and liquidity 14 Reading: A New Vision For Money: Hoskinson Predicts Bitcoin Will Hit $10 Trillion Rising Institutional Interest In XRP The Japanese gaming giant’s latest move comes at a time when a growing number of institutions are welcoming XRP into their balance 15 recent months, several entities have disclosed their treasury game plans that include the top 16 aim, similar to Gumi’s, is to position ahead of potential gains if adoption pushes the price 17 Gumi, this is more than a financial 18 believe Bitcoin and XRP together can provide a base for its blockchain-related 19 say the two assets will support growth in revenue while helping the company build lasting 20 image from Unsplash, chart from TradingView
Story Tags

Latest news and analysis from NewsBTC



