The post XRP News Today: SBI-Backed Gumi to Buy $17M in XRP appeared first on Coinpedia Fintech News Institutional interest in XRP is gaining momentum, and Japan’s gaming powerhouse Gumi Inc. has doubled down on that trend. The SBI-backed firm has approved a ¥2.5 billion ($17 million) XRP purchase over the next five months.  This marks a notable shift in treasury strategy, more than doubling Gumi’s earlier ¥1 billion Bitcoin acquisition and showcasing …The post XRP News Today: SBI-Backed Gumi to Buy $17M in XRP appeared first on Coinpedia Fintech News Institutional interest in XRP is gaining momentum, and Japan’s gaming powerhouse Gumi Inc. has doubled down on that trend. The SBI-backed firm has approved a ¥2.5 billion ($17 million) XRP purchase over the next five months.  This marks a notable shift in treasury strategy, more than doubling Gumi’s earlier ¥1 billion Bitcoin acquisition and showcasing …

XRP News Today: SBI-Backed Gumi to Buy $17M in XRP

2025/08/30 14:23
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
XRP News Today

The post XRP News Today: SBI-Backed Gumi to Buy $17M in XRP appeared first on Coinpedia Fintech News

Institutional interest in XRP is gaining momentum, and Japan’s gaming powerhouse Gumi Inc. has doubled down on that trend. The SBI-backed firm has approved a ¥2.5 billion ($17 million) XRP purchase over the next five months. 

This marks a notable shift in treasury strategy, more than doubling Gumi’s earlier ¥1 billion Bitcoin acquisition and showcasing the growing corporate appeal of XRP.

According to Gumi, the acquisition is expected to take place gradually from September 2025 to February 2026. Instead of a one-off buy, the company plans to accumulate XRP over time, aligning with Ripple and SBI Holdings’ push for adoption in international remittances and liquidity services. 

With this move, Gumi is positioning itself at the center of one of the most established real-world use cases in crypto.

Balancing Bitcoin and XRP in Treasury Strategy

This isn’t Gumi’s first step into digital assets. Earlier this year, the firm invested $6 million into Bitcoin, staking it on the Babylon protocol to generate yield. While Bitcoin continues to serve as a treasury anchor, the XRP investment is framed differently, not as a revenue generator, but as a strategic bet on the future of cross-border finance. 

Together, BTC and XRP now form Gumi’s dual treasury strategy: Bitcoin for stability and yield, XRP for ecosystem-driven growth.

Gumi is not alone in this shift. Companies like Trident Digital, Webus International, and VivoPower have also introduced XRP into their corporate treasuries. This marks a growing narrative where XRP is evolving from a speculative asset to a treasury-grade holding, bridging blockchain technology with traditional finance while offering potential long-term value appreciation.

  • Also Read :
  •   Elon Musk’s Lawyer Fuels $200M Dogecoin Treasury Plan
  •   ,

Gumi’s Web3 and Ripple Ecosystem Alignment

This purchase aligns with Gumi’s broader move into blockchain and Web3 ventures. He also highlighted the strong ties with SBI Holdings, which already maintains a close relationship with Ripple.

Interestingly, Gumi had previously collaborated with RippleX (then Xpring) back in 2019, co-investing in biometric security startup Keyless. This long-standing involvement underscores Gumi’s deliberate strategy to integrate with Ripple’s growing ecosystem.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

bell icon Subscribe to News

FAQs

Why is Gumi Inc. buying ¥2.5 billion ($17M) worth of XRP?

Gumi is investing in XRP to support Ripple’s cross-border finance ecosystem and expand its Web3 strategy alongside SBI Holdings.

How will Gumi integrate XRP into its business operations beyond investment?

Gumi aims to use XRP for liquidity services, remittances, and ecosystem partnerships, not just as a financial holding.

How does Gumi’s crypto treasury approach compare with other public companies?

Unlike firms focusing mainly on Bitcoin, Gumi diversifies into XRP, reflecting confidence in Ripple’s payment utility.

How will Gumi ensure ongoing transparency and trust regarding its crypto holdings?

Gumi plans to disclose purchases, work with regulators, and align with SBI and Ripple’s compliance-first approach.

What sets XRP apart from Bitcoin in Gumi’s treasury strategy?

Bitcoin provides stability and yield, while XRP supports real-world payments, liquidity, and cross-border adoption.

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.0005048
$0.0005048$0.0005048
+0.17%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MAGA insiders suddenly embrace 'indispensable' energy they long derided as a 'parasite'

MAGA insiders suddenly embrace 'indispensable' energy they long derided as a 'parasite'

President Donald Trump spent much of his first year in office in an all-out war against solar power, even going so far as to change regulations so that renewable
Share
Rawstory2026/03/03 05:09
How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings

The post How to earn from cloud mining: IeByte’s upgraded auto-cloud mining platform unlocks genuine passive earnings appeared on BitcoinEthereumNews.com. contributor Posted: September 17, 2025 As digital assets continue to reshape global finance, cloud mining has become one of the most effective ways for investors to generate stable passive income. Addressing the growing demand for simplicity, security, and profitability, IeByte has officially upgraded its fully automated cloud mining platform, empowering both beginners and experienced investors to earn Bitcoin, Dogecoin, and other mainstream cryptocurrencies without the need for hardware or technical expertise. Why cloud mining in 2025? Traditional crypto mining requires expensive hardware, high electricity costs, and constant maintenance. In 2025, with blockchain networks becoming more competitive, these barriers have grown even higher. Cloud mining solves this by allowing users to lease professional mining power remotely, eliminating the upfront costs and complexity. IeByte stands at the forefront of this transformation, offering investors a transparent and seamless path to daily earnings. IeByte’s upgraded auto-cloud mining platform With its latest upgrade, IeByte introduces: Full Automation: Mining contracts can be activated in just one click, with all processes handled by IeByte’s servers. Enhanced Security: Bank-grade encryption, cold wallets, and real-time monitoring protect every transaction. Scalable Options: From starter packages to high-level investment contracts, investors can choose the plan that matches their goals. Global Reach: Already trusted by users in over 100 countries. Mining contracts for 2025 IeByte offers a wide range of contracts tailored for every investor level. From entry-level plans with daily returns to premium high-yield packages, the platform ensures maximum accessibility. Contract Type Duration Price Daily Reward Total Earnings (Principal + Profit) Starter Contract 1 Day $200 $6 $200 + $6 + $10 bonus Bronze Basic Contract 2 Days $500 $13.5 $500 + $27 Bronze Basic Contract 3 Days $1,200 $36 $1,200 + $108 Silver Advanced Contract 1 Day $5,000 $175 $5,000 + $175 Silver Advanced Contract 2 Days $8,000 $320 $8,000 + $640 Silver…
Share
BitcoinEthereumNews2025/09/17 23:48
Supreme Court Declines AI Copyright Case, Extending Legal Setback for AI-Generated Works

Supreme Court Declines AI Copyright Case, Extending Legal Setback for AI-Generated Works

The post Supreme Court Declines AI Copyright Case, Extending Legal Setback for AI-Generated Works appeared on BitcoinEthereumNews.com. In brief The U.S. Supreme
Share
BitcoinEthereumNews2026/03/03 05:26