Altcoins

Gumi to Buy $17M in XRP to Boost Blockchain Strategy

Japanese gaming and blockchain company Gumi Inc. said on August 29, 2025, that it plans to buy 2.5 billion yen (about $17 million) worth of XRP. 

The board approved the purchase during a meeting, and the company will complete it between September 2025 and February 2026. Gumi said it will use XRP for payments and liquidity, while Bitcoin will remain as a store of value.

The company explained that the move isn’t just about hoping XRP prices go up. “The decision to acquire XRP this time is not merely to expect a price increase, but a strategic move to participate in the XRP ecosystem, which plays a core role in international remittance and liquidity networks, thereby directly expanding the company’s revenue opportunities in the financial sector,” Gumi said. 

The purchase also fits with the strategy of SBI Holdings, Gumi’s largest shareholder, which supports using XRP for cross-border payments. With more real-world use of XRP in financial systems, Gumi sees it as a valuable asset for the future.

Earlier this year, Gumi bought 1 billion yen (around $6.7 million) in Bitcoin. The company has been using it in staking programs like Babylon to generate income and grow its assets.

By adding XRP, Gumi now has two main pillars: Bitcoin as a value reserve and XRP as a network tool for financial demand. “These two pillars will further solidify the foundation of our blockchain business and support sustainable mid- to long-term corporate value growth,” the company said.

Gumi will check the market value of its crypto holdings every quarter and report any major changes in its financial results. If the assets significantly affect the company’s earnings, it will share that information quickly.

This follows a trend where companies across Japan and Asia are starting to hold more than one type of crypto in their treasuries. For instance, China’s Linklogis recently teamed up with the XRP Ledger to support global supply chain finance.

By combining Bitcoin and XRP, Gumi aims to balance a safe value store with a network asset that has real-world use. The strategy is meant to boost the company’s blockchain business and open up more opportunities in financial services over time.

Also Read: CFTC Lets U.S. Traders Access Offshore Crypto Exchanges

Richard Ogunjobi

Richard Ogunjobi is a well-experienced crypto journalist who has covered topics that cut across several topics and niches. Richard has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, and loving traveling.

Related Articles

Leave a Reply

Back to top button