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Japanese Gaming Giant Gumi Plans to Invest Approximately $17 Million to Purchase XRP

Summary: According to The Crypto Basic, Japanese gaming giant Gumi Inc. has announced plans to purchase XRP worth 2.5 billion yen (approximately $17 million) as part of its efforts to expand its blockchain business. The company made this decision at a recent board meeting and announced the development in a press release today. It is noteworthy ...

According to The Crypto Basic, Japanese gaming giant Gumi Inc. has announced plans to purchase XRP worth 2.5 billion yen (approximately $17 million) as part of its efforts to expand its blockchain business. The company made this decision at a recent board meeting and announced the development in a press release today. It is noteworthy that the gaming company will strategically accumulate XRP from September 2025 to February 2026 over a five-month period. In commenting on this development, Gumi emphasized that the planned purchase is a strategic move aimed at enabling its participation in the XRP ecosystem. In a previous June announcement, Gumi spent approximately $6.99 million to acquire 80.352 bitcoins.

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