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Japanese Company Gumi Plans to Invest $17 Million in XRP Amid Ongoing Altcoin Acquisition Trend
Prominent Japanese corporations are persistently acquiring Bitcoin (BTC) and altcoins using their balance sheets, with the mobile gaming company Gumi set to invest 2.5 billion yen ($17 million) in XRP acquisitions.
According to an official announcement from Gumi and a report by the Japanese news outlet CoinPost, the board of directors of the Tokyo Stock Exchange-listed company has approved this initiative.
The company indicated that it intends to finalize the purchase by the end of February next year. Gumi’s primary shareholder is SBI Holdings.
Gumi: XRP and BTC Are ‘Two Pillars’ of Our Financial Strategy
SBI has a longstanding partnership with Ripple, the issuer of XRP, and is a strong supporter of the altcoin. However, Gumi has also demonstrated a significant interest in Bitcoin.
Gumi (TYO: 3903) share prices on the Tokyo Stock Exchange over the past month. (Source: Google Finance)
The company revealed plans to purchase over $6.5 million worth of Bitcoin back in February. Additionally, in March of this year, Gumi hosted a $106,000 BTC lottery event for its latest shareholders.
Officials from Gumi stated that the upcoming XRP acquisition is not merely speculative. Instead, they described it as a “strategic initiative” that would enable the company to enter the financial sector.
The firm asserted that this action would facilitate its participation in the XRP ecosystem, which, according to officials, is currently vital for international remittances and liquidity networks.
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Gumi emphasized that developing cross-border remittances and liquidity aligns with the core values of SBI’s operations.
Consequently, XRP is expected to hold “great significance” as a medium- to long-term growth asset, according to Gumi.
Gumi has also announced intentions to establish a multi-billion yen crypto management fund in collaboration with SBI.
The $300B stablecoin market is set to grow into the trillions.
Together with @sbivc_official, we’re bringing $RLUSD to Japan in early 2026, offering users and institutions a trusted, regulated and fully-backed stablecoin built for enterprise use cases. https://t.co/htcrMiQkTe— Ripple (@Ripple) August 22, 2025
SBI: Aiming for Crypto ETF
SBI aims to introduce an exchange-traded fund (ETF) that includes BTC, XRP, and other tokens. The firm is currently awaiting approval from Tokyo, which is still considering crypto ETF applications.
Gumi has also stated that it plans to manage its Bitcoin holdings through staking protocols.
The company further clarified that it views BTC and XRP as two distinct pillars of its growth strategy.
It described XRP as a “network asset that is rooted in real financial demand,” while Bitcoin is regarded as a “globally universal asset,” according to Gumi.
The post Japanese Corporate Altcoin Buying Spree Continues With Gumi to Spend $17M on XRP appeared first on Cryptonews.
