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Japanese gaming company Gumi has added a major batch of cryptocurrency to its balance sheet, announcing the purchase of approximately 6 million XRP tokens valued at $17 million. The move underscores the firm’s commitment to blockchain expansion and its ties to SBI Holdings’ wider financial network strategy.
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In its announcement on X, Gumi said the purchase was made as part of a long-term strategy to grow its blockchain business.
The company explained:
“Our company has resolved to purchase 2.5 billion yen worth of XRP as part of its growth strategy for the blockchain business. Through contributing to the expansion of the XRP ecosystem, which plays an important role in the international remittance and liquidity network strategy primarily promoted by SBI Holdings, we aim to expand revenue opportunities in that business.”
The firm highlighted the growing importance of XRP as financial infrastructure, particularly for international remittances and liquidity provision. It sees XRP as a “network asset rooted in real financial demand” that can deliver medium- to long-term value.
Gumi’s crypto portfolio is structured around two main assets: Bitcoin (BTC) and XRP. The company described BTC as a globally universal asset, providing stability, staking returns, and long-term price appreciation. Meanwhile, XRP is viewed as a way to strengthen profitability in the financial sector by supporting ecosystem expansion.
Earlier this year, Gumi disclosed a $6.6 million purchase of Bitcoin, complementing its latest investment in XRP.
Gumi is backed by SBI Holdings, one of Japan’s largest financial services firms and a long-time partner of Ripple. SBI has been a major force in pushing XRP adoption across Asia, particularly in cross-border payments.