Gumi Invests $17 Million in XRP, Signaling Growing Institutional Backing

Japanese gaming company Gumi has taken a significant step towards integrating blockchain technology into its operations by investing $17 million in XRP tokens. This move reflects the growing interest from institutional investors in the cryptocurrency market. Gumi’s investment strategy aims to expand revenue through staking protocols on both Bitcoin and XRP, while aligning with Ripple’s vision for the financial industry.