Japanese game company Gumi plans to invest approximately 17 million USD to acquire XRP

ChainCatcher news, according to The Crypto Basic, Japanese gaming giant Gumi Inc. announced plans to purchase 2.5 billion yen (approximately 17 million USD) worth of XRP as part of its efforts to expand its blockchain business. The company announced this development in a press release today after making the decision at a recent board meeting.

It is noteworthy that the gaming company will strategically accumulate XRP over a five-month period from September 2025 to February 2026.

In commenting on this development, Gumi emphasized that the planned purchase is a strategic move aimed at enabling it to participate in the XRP ecosystem. Previously, in June, it was reported that Gumi spent approximately 6.99 million USD to acquire 80.352 bitcoins.