Japanese gaming giant Gumi plans to invest about $17 million to buy XRP
Source: ChainCatcher
Time: 2025-08-29 22:59:17
According to ChainCatcher, Japanese gaming giant Gumi Inc. announced plans to purchase XRP worth 2.5 billion yen (about $17 million) as part of its efforts to expand its blockchain business, according to The Crypto Basic. The company announced the progress in a press release today after a decision made at a recent board meeting. It is worth noting that the gaming company will strategically accumulate XRP in the five months from September 2025 to February 2026. Commenting on this development, Gumi stressed that the planned purchase is a strategic move to enable it to participate in the XRP ecosystem. Previously, in June, Gumi spent about $6.99 million to buy 80.352 bitcoins.