Japanese gaming company Gumi plans to invest approximately $17 million to purchase XRP
ChainCatcher news, according to The Crypto Basic, Japanese gaming giant Gumi Inc. has announced plans to purchase XRP worth 2.5 billion yen (approximately $17 million) as part of its efforts to expand its blockchain business. The company made this decision at a recent board meeting and issued a press release today to announce the development.
Notably, the gaming company will strategically accumulate XRP over a five-month period from September 2025 to February 2026.
Commenting on this development, Gumi emphasized that the planned purchase is a strategic move aimed at enabling its participation in the XRP ecosystem. Previously, in June, Gumi spent approximately $6.99 million to purchase 80.352 bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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