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2h ago

Gumi to Buy ¥2.5 Billion in XRP Over Five Months to Expand Blockchain Strategy

The purchase positions the Tokyo-listed developer to plug into Ripple-linked payment rails via major shareholder SBI.

SBI-backed game maker Gumi announces $17 million XRP purchase
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Overview

  • Gumi’s board approved a plan to acquire approximately ¥2.5 billion (about $17 million) in XRP through staged purchases from September 2025 to February 2026.
  • The company says the move targets participation in XRP-powered remittance and liquidity networks to cultivate new revenue in financial services.
  • Management cites strategic fit with largest shareholder SBI Holdings and its Ripple partnerships, including a plan to distribute RLUSD in Japan.
  • Gumi is pursuing a dual-asset approach, using Bitcoin for staking income and value stability and XRP as an operational asset; it previously bought ¥1 billion in BTC and staked it via Babylon.
  • The firm will mark crypto holdings to market each quarter with gains and losses flowing through earnings, and shares closed down more than 2% to ¥603 after the announcement.