gumi Decides to Purchase 2.5 Billion Yen Worth of XRP

2025/08/31 22:57
CoinPost
Written by K.Kobayashi
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gumi Decides to Purchase 2.5 Billion Yen Worth of XRP

Heading Towards a 2.5 Billion Yen XRP Acquisition

gumi Inc. (3903, Tokyo Stock Exchange Prime), a company engaged in mobile online gaming and blockchain businesses, announced on the 29th that its board of directors has resolved to purchase 2.5 billion yen worth of the digital asset XRP.

The purchase of XRP is not merely based on expectations of price appreciation but is a strategic move to participate in the XRP ecosystem, which is central to international remittances and liquidity networks, aiming to expand revenue opportunities in the financial sector. The planned purchase period is from September 2025 to February 2026.

The reasons for purchasing XRP include gumi's major shareholder S...

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