Gumi Invests $17 Million in XRP for Blockchain Expansion

Japanese gaming and blockchain company Gumi has unveiled a new strategy to bolster its blockchain operations by investing $17 million in XRP. The decision, approved at a recent board meeting, will see Gumi acquire 2.5 billion yen worth of XRP from the XRP Ledger network. The purchase is expected to begin September 2025 and end February 2026. Gumi clarified that this investment isn’t speculative but aims to support its blockchain business growth through real-world applications such as international money transfers and liquidity networks.