Gumi Inc. Plans $17 Million XRP Acquisition
18 Articles
18 Articles
Gumi Inc. to Invest $17M in XRP, Boosting Crypto’s Institutional Appeal
Japan’s Gumi Inc. is making a bold play in the crypto space, announcing plans to acquire approximately $17 million worth of XRP over the next several months. This strategic move is part of the gaming company’s broader push into blockchain technology and digital assets. The acquisition, spread out from September 2025 through February 2026, is designed to mitigate risk from market volatility while… Source
Peter Brandt Warns On XRP As Gumi Commits ¥2.5B Investment
Key Insights: Japanese firm Gumi is committing over $17 million to its proposed XRP reserve. Peter Brandt has forecasted a bearish outlook for the XRP price moving forward. XRP price has declined to $2.8, but analysts set targets as high as $4.5 in hopes of a turnaround. Legendary trader Peter Brandt has shared bearish sentiments on the price movement of XRP, the Ripple-backed coin. Gumi Inc., a Japanese gaming and blockchain company, announced…
Japanese Gaming Giant Gumi's XRP Buy Twice the Size of Its Previous Bitcoin Investment
Gumi’s XRP buy is over double its earlier ¥1B Bitcoin purchase. The firm aims to expand XRP’s role in remittance and liquidity markets. Analysts say XRP is consolidating, with a breakout above $3.08 imminent. Japanese mobile gaming company Gumi, backed by financial giant SBI Holdings, has announced plans to purchase ¥2.5 billion ($17 million) worth of XRP over the next five months. The move is part of Gumi’s broader growth strategy for blockcha…
Gumi Strengthens Blockchain Push with XRP Treasury
Japanese gaming and blockchain company Gumi has announced the creation of an XRP treasury as part of its strategy to enhance blockchain-based financial services. The firm confirmed the acquisition of XRP worth 2.5 billion yen, estimated at around $17 million, following approval at a recent board meeting. The decision marks a deliberate step toward positioning itself more strongly in cross-border payments and liquidity solutions, rather than as a…
SBI-backed game maker Gumi announces $17 million XRP purchase – #CryptoUpdatesGNIT
Key Takeaways Gumi plans to invest $17 million in XRP between September 2025 and February 2026. The dual-asset strategy includes both Bitcoin and XRP to diversify business and financial opportunities. Share this article Tokyo-listed game developer and publisher Gumi announced Friday its plan to purchase 2.5 billion Japanese yen (approximately $17 million) worth of XRP, expanding its digital asset holdings beyond Bitcoin. After acquiring 1 billi…
SBI-backed game maker Gumi announces $17 million XRP purchase - WorldNL Magazine
Gumi acquired $6.6 million in Bitcoin earlier this year to enhance its web3 and node operation business segments. Key Takeaways Gumi plans to invest $17 million in XRP between September 2025 and February 2026. The dual-asset strategy includes both Bitcoin and XRP to diversify business and financial opportunities. Tokyo-listed game developer and publisher Gumi announced Friday its plan to purchase 2.5 billion Japanese yen (approximately $17 mil…
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