Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP News Today: Gumi Bets Big on XRP for Blockchain Future, Diversifying Beyond Bitcoin

XRP News Today: Gumi Bets Big on XRP for Blockchain Future, Diversifying Beyond Bitcoin

ainvest2025/08/30 06:48
By:Coin World

- Japanese gaming firm Gumi allocates ¥2.5B to buy XRP (Ripple's token) for blockchain strategy, complementing prior ¥1B Bitcoin investment. - The move aligns with SBI Holdings (major shareholder) and Ripple's joint blockchain payment initiatives, including RLUSD stablecoin deployment in Japan. - XRP's utility in cross-border remittances and liquidity solutions drives institutional adoption, with Gumi reporting holdings quarterly for transparency. - Despite short-term XRP price volatility, Gumi emphasizes

Gumi, a Japanese gaming company listed on the Tokyo Stock Exchange, has announced a strategic allocation of ¥2.5 billion ($17 million) to purchase XRP , Ripple’s native token, as part of its broader blockchain business strategy. The acquisition, to be executed in a phased manner from September 2025 to February 2026, complements the company’s earlier investment of ¥1 billion ($6.6 million) in Bitcoin in February 2025, which is being staked through protocols like Babylon to generate revenue. Gumi described the move as part of a dual-asset strategy, leveraging Bitcoin for stability and XRP for growth opportunities in blockchain-based financial services.

The decision reflects a broader trend of institutional interest in XRP, particularly in cross-border payments and liquidity solutions. Gumi emphasized that XRP offers functional utility beyond its store-of-value properties, aligning with its vision to integrate blockchain technologies into its financial infrastructure. The company stated that the token's role in international remittance networks and its association with SBI Holdings—its largest shareholder and a long-term partner of Ripple—made it a strategic fit for its balance sheet. SBI and Ripple are also collaborating on the introduction of the RLUSD stablecoin in Japan by early 2026, which Gumi said further supports the decision.

Gumi’s acquisition of XRP is part of a growing trend of corporate adoption of the token. Several other publicly traded firms, including Webus International , Trident Digital , and VivoPower International, have similarly announced XRP treasury strategies in 2025, citing the token’s potential for appreciation and utility in blockchain finance. The company will report the value of its XRP and Bitcoin holdings quarterly in its income statement, demonstrating a commitment to transparency in digital asset management.

In terms of financial rationale, Gumi believes that XRP’s use in remittances and liquidity provision positions it to benefit from the expansion of blockchain-based financial infrastructure, particularly in Asia. By aligning with SBI Ripple Asia—a joint venture focused on deploying blockchain payment systems in the region—the company aims to strengthen its competitive position in the payments sector. This strategy is distinct from Bitcoin’s role, which Gumi continues to use as a core asset for income generation and portfolio stability.

Market conditions at the time of the announcement saw XRP trading at $2.82, reflecting a 5% intraday decline as traders took profits after breaking key support levels earlier in the week. Despite the short-term volatility, Gumi’s strategy appears to focus on long-term appreciation potential. The company noted that it will continue to evaluate its holdings based on market conditions and the evolving landscape of blockchain-based financial services.

Source:

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

SEC Faces Deadline for Grayscale XRP ETF Decision

TheCryptoUpdates2025/10/18 23:54
SEC Faces Deadline for Grayscale XRP ETF Decision

Ethereum Bulls Remain Unfazed: Analyzing Market Confidence After $232 Million Liquidation

Ethereum’s price is fluctuating around $3,700, influenced by US credit and labor data, with traders cautiously avoiding high leverage. Whale activity indicates limited bearish sentiment, but there is insufficient confidence in a rapid rebound. No warning signals have been observed in the derivatives market, and a recovery will require clearer macroeconomic signals. Summary generated by Mars AI. This summary is produced by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.

MarsBit2025/10/18 22:32
Ethereum Bulls Remain Unfazed: Analyzing Market Confidence After $232 Million Liquidation

BNY Mellon Empowers Crypto Ecosystem with Robust Infrastructure

In Brief BNY Mellon enhances its crypto ecosystem role through infrastructure services, not its own coin. The bank supports stablecoin projects instead of launching an altcoin amid positive market conditions. BNY Mellon prioritizes infrastructure over token issuance, promoting collaboration and ecosystem strength.

Cointurk2025/10/18 21:27
BNY Mellon Empowers Crypto Ecosystem with Robust Infrastructure

Crypto Surge Revives Investor Optimism

In Brief The crypto market exhibits signs of recovery post-major liquidations. Ethereum, Dogecoin, Cardano, and XRP have shown significant gains. Technological innovations and ETF expectations contribute to market optimism.

Cointurk2025/10/18 21:27
Crypto Surge Revives Investor Optimism