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GUMI to spend $ 17 million on XRP star-news.press/wp

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Tim Alper

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Tim Alper

About the author

Tim Alper is a British journalist and a work feature writer in Cryptonews.com since 2018. He has written for media outlets such as BBC, Guardian, and Chosun Ilbo. He also worked …

Last update:

August 31, 2025

Great Japanese companies continue to buy Bitcoin (BTC) and Altcoins with their public budgets, with GUMI Mobile Games preparing to spend 2.5 billion yen ($ 17 million) on XRP purchases.

per Jumi official version And a report from the Japanese media CoinpostThe Board of Directors of the Tokyo Securities Company signed this step.

The company said it aims to complete the purchase before the end of February next year. The largest contributor to Gumi is SBI Holdings.

Gumi: XRP and BTC are “Amrctane” from our financial strategy

SBI is a long -term partner of XRP exporter ripples, and a farewell advocate for Altcoin. But Gumi has also proven that it is very Bitcoin-Keen.

Gumi (Tyo: 3903) stock prices on the Tokyo Stock Exchange last month.
Gumi (Tyo: 3903) stock prices on the Tokyo Stock Exchange last month. (Source: Google Finance)

The company announced plans to buy more than $ 6.5 million from Bitcoin in February. In March this year, Gumi held a lottery of $ 106,000 for its latest shareholders.

GUMI officials said that the purchase of XRP in the future is not purely speculative. Instead, this step was described as a “strategic initiative” that allows it to move to the financial sector.

The company claimed that its movement would help it participate in the XRP environmental system. This ecosystem, assistant to officials, plays a major role in international transfers and liquidity networks.

Jumi pointed out that the development of transfers and liquidity across the border are values ​​”at the heart” of SBI operations.

XRP will thus take “great importance” as a medium to long -term growth origin, as Jumi believes.

GUMI has also revealed plans to launch a bill of Jin’s encryption in conjunction with SBI.

SBI: aims to Crypto ETF

SBI wants to launch a trading box (ETF) that includes BTC, XRP and other distinctive symbols. The company is currently waiting for the approval of Tokyo, which is still trading on Appoval Crypto ETF.

GUMI also said that she will look forward to the Bitcoin holding management using Stokeing Protocols.

The company also made it clear that it sees BTC and XRP as separate pods for its growth strategy.

“The assets of a mesh rooted in real financial demand,” said XRP. Bitcoin, at the same time, is “global global origins”, Jumi believes.


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2025-08-31 23:30:00

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