Japanese gaming company Gumi has invested $17 million in XRP tokens as part of a strategic move to drive blockchain development. This follows a previous investment of 1 billion yen ($8 million) in Bitcoin for use in various staking protocols. The purchase aligns with SBI Holdings, the largest shareholder in Gumi, which is also a long-time partner of Ripple, the company behind XRP. SBI’s business direction has been heavily influenced by its relationship with XRP, leading to this strategic investment. Gumi’s decision reflects growing corporate adoption of XRP across various sectors, including international companies like VivoPower International, Webus International, and Wellgistics Health, all aiming to establish XRP as part of their treasury strategy. Despite the significant growth in XRP adoption, some doubts remain about the legitimacy of these new ventures. Read the original article on U.Today.