ChainCatcher news, 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 issued a press release today to announce the development.
Notably, the gaming company will strategically accumulate XRP over a five-month period from September 2025 to February 2026.
Commenting on this development, Gumi emphasized that the planned purchase is a strategic move aimed at enabling its participation in the XRP ecosystem. Previously, in June, Gumi spent approximately $6.99 million to purchase 80.352 bitcoin.