Close Menu
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Metaverse
  • Defi
  • Blockchain
  • Regulations
  • Trading

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Ethereum and Solana DeFi TVL: prices or fresh capital?

September 15, 2026

Bitcoin nears $80,000, Ethereum rebounds strongly: Why is Bull DeFi becoming a new choice for digital asset investors?

September 15, 2026

A DeFi giant that once held $3 billion is now proposing to wind itself down

September 15, 2026
Facebook X (Twitter) Instagram
CredBit.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Metaverse
  • Defi
  • Blockchain
  • Regulations
  • Trading
Facebook X (Twitter) Instagram
CredBit.com
Home » Gumi $17M XRP acquisition aims to boost financial operations
Trading

Gumi $17M XRP acquisition aims to boost financial operations

August 29, 20252 Mins Read
Facebook Twitter WhatsApp Pinterest Telegram LinkedIn Tumblr Email Reddit VKontakte
Gumi M XRP acquisition aims to boost financial operations
Share
Facebook Twitter LinkedIn Pinterest Telegram Email
Gumi M XRP acquisition aims to boost financial operations

Tokyo-based game developer Gumi Inc. is stepping deeper into digital assets with plans to acquire 2.5 billion yen (equivalent to $17 million) worth of XRP, according to an Aug. 29 announcement.

The purchase will be spread across five months from September 2025 through February 2026.

According to the firm, the move is designed to give Gumi more than simple exposure to cryptocurrency prices. It noted that XRP’s role in global remittance and liquidity services makes it a strategic entry point for expanding revenue streams in finance.

A translated version of its statement reads:

“Our decision to newly acquire XRP this time is not simply in anticipation of price increases, but is a strategic initiative to participate in the XRP ecosystem, which is at the core of the international remittance and liquidity network, and directly link this to expanding revenue opportunities in the financial sector.”

Notably, this step follows a smaller allocation to Bitcoin earlier in the year. In the first half of 2025, Gumi purchased 1 billion yen (about $6.8 million) in BTC and staked it using Babylon.

Gumi was founded in 2007 and is best known for games like Brave Frontier. Since its 2014 listing on the Tokyo Stock Exchange, it has expanded into blockchain through its venture arm, gumi Cryptos Capital, which backs early-stage startups in the sector.

NemoNemo

According to Yahoo Finance data, Gumi’s shares were down more than 2% to 603 yen (over $4) as of the market close.

Dual-prong approach

Gumi’s management stated that it intends to build its blockchain business around two core digital assets: Bitcoin and XRP.

The firm said Bitcoin is a universal store of value that is suitable for staking income and long-term appreciation. XRP, in contrast, is viewed as an operational asset tied to financial infrastructure, capable of driving profitability by connecting the company directly to payment rails and liquidity networks.

According to the company, combining BTC and XRP as strategic “pillars” will create a durable base for its blockchain operations and, ultimately, for long-term corporate growth.

Mentioned in this article

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit VKontakte Telegram WhatsApp

Related Posts

Bitcoin’s best August since 2017 is hiding a major weakness

August 31, 2026

XRP is rising, but leveraged funds just built their biggest short

August 31, 2026

The SEC is reviewing automatic filing pathways after exotic crypto and event-linked ETF proposals flooded the market

August 29, 2026

Bitcoin miners are no longer pure crypto proxies and are morphing into high-performance computing hubs

August 29, 2026

Ethena is targeting the $120 trillion Wall Street stock market to hunt yields 5x higher than Bitcoin

August 28, 2026

Fed Chair Kevin Warsh triggers a $488 million crypto liquidation cascade as rate-hike expectations rise

August 28, 2026

Comments are closed.

Editors Picks

Ethereum and Solana DeFi TVL: prices or fresh capital?

September 15, 2026

Bitcoin nears $80,000, Ethereum rebounds strongly: Why is Bull DeFi becoming a new choice for digital asset investors?

September 15, 2026

A DeFi giant that once held $3 billion is now proposing to wind itself down

September 15, 2026

Strategy Buys Back $139M in STRC Without Buying Bitcoin as Fake World Assets Launches Personal NFT Pools

September 15, 2026
© 2026 - credbit.com - All Rights Reserved!
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.