Skip to main content

Japanese Gaming Giant Plans $17 Million XRP Buy, Here’s Why

Gumi Inc., a prominent Japanese mobile game developer, has caught the attention of the broader crypto industry after revealing plans to buy $17 million worth of XRP. This move signals the gaming giant’s deeper commitment to blockchain technology, as it looks to tap into new revenue streams and strengthen its position through XRP in the growing digital economy. 

Gumi Taps XRP To Expand Blockchain Business

On Friday, August 29, Gumi sparked fresh interest and excitement in the crypto community after announcing its intention to purchase 2.5 billion yen (around $17 million) worth of XRP. The move, revealed on X social media, is part of the Japanese gaming company’s broader strategy to accelerate the growth of its blockchain business. 

According to Gumi, the acquisition is not simply an investment but a calculated step to integrate into the XRP ecosystem, which has been gaining momentum as a cornerstone in cross-border payments and liquidity solutions. The decision also aligns closely with the recent efforts of SBI Holdings, a financial services company in Japan and a prolonged supporter of Ripple and XRP. 

SBI Holdings has long championed XRP as an essential component of international remittance networks, and Gumi’s entry adds further credibility to the digital asset’s role in the Japanese fintech landscape. By allocating significant capital into XRP, Gumi aims to position itself at the intersection of gaming, blockchain technology, and digital finance—ultimately tapping into an evolving global marketplace where cryptocurrencies are increasingly becoming interlinked with entertainment and financial services. 

The broader crypto community has responded enthusiastically to Gumi’s upcoming XRP investment. Industry watchers see this as more than a simple token purchase, but a sign of Japan’s gaming sector’s embrace of blockchain-powered assets. 

Enthusiasts like the ‘BankXRP’ on X anticipate that Gumi’s cryptocurrency integration could open the door for in-game transactions using fast and low-cost XRP transfers, creating a more seamless and innovative gaming experience. If implemented, this could establish the Japanese company as a pioneer in merging blockchain gaming mechanics with one of the most recognized digital assets in the space. 

VivoPower To Offer New XRP Incentives 

Further expanding on XRP’s adoption across various companies, another report on X shows that international battery and electric vehicle services provider VivoPower has rolled out an initiative to leverage the token to engage retail audiences. VivoPower announced on X on Thursday, August 28, that it will be offering XRP incentives to its shareholders through a partnership with crypto exchange Crypto.com. 

The program allows VivoPower shareholders who register with the exchange to receive $100 worth of XRP as a bonus, adding a direct crypto-linked reward to their equity ownership. This collaboration signals a growing trend where non-crypto companies find ways to integrate digital assets into their corporate strategies. 

For Crypto.com, the initiative represents a strategic opportunity to attract new users. At the same time, the XRP bonuses provide VivoPower with both an engagement tool and a way to strengthen its partnership with the exchange. Overall, this latest move underscores XRP’s expansion outside its traditional remittance use case.

XRP

from Bitcoinist.com https://ift.tt/AiUzdNS
Labels:

Comments

Post a Comment

Popular posts from this blog

Bitcoin Goes Official: Texas Becomes 1st US State With BTC Reserve

Everything is big in Texas, many would say. Today, the state is looking past its current state of finances by adding Bitcoin to its coffers–and making things bigger in terms of its economic implications. Texas became the first US state to establish a crypto reserve . On March 7, 2025, legislators passed Senate Bill 21, which gives the green light to the state to direct public funds toward Bitcoin and other digital assets. The action has elicited both support and concern, with some viewing it as a prudent financial hedge and others warning of potential pitfalls. A Push For Bitcoin In The Lone Star State For months, Texas has been seeing increasing favor for the idea of a Bitcoin reserve. Senator Charles Schwertner introduced SB 778, a measure that proposes establishing a strategic stockpile. Including the top crypto asset into the state’s financial reserves was meant to help cushion inflation and economic uncertainty. Texas officials, especially Lieutenant Governor Dan Patrick, wh...
Post a Comment
Read more

Liczba milionerów kryptowalutowych wzrosła o 40%. Rynek przekracza 3,3 biliona dolarów

Rozwój rynku kryptowalut widać również bo liczbie osób, których portfel kryptowalutowy przekroczył milion dolarów. Według najnowszego raportu Henley & Partners, liczba inwestorów posiadających majątek przekraczający milion dolarów w cyfrowych aktywach wzrosła o 40% w ciągu ostatniego roku. Aktualnie na świecie jest już 241 700 milionerów, jeśli chodzi o waluty cyfrowe. Wzrost ten zbiegł się z historycznym momentem, gdyż w połowie 2025 roku kapitalizacja całego rynku kryptowalut przekroczyła 3,3 biliona dolarów . Bitcoin wciąż liderem wzrostów Największy udział w tworzeniu nowych fortun ma niezmiennie Bitcoin. Liczba posiadaczy portfeli BTC, których wartość przekracza milion dolarów, wzrosła aż o 70% rok do roku i wynosi dziś 145 100 . Jeszcze bardziej imponująco wygląda grupa tzw. Centymilionerów, czyli inwestorów posiadających ponad 100 milionów dolarów w Bitcoinie. Ich liczba wzrosła o 63% , osiągając poziom 254 osób. Co więcej, liczba miliarderów BTC podskoczyła do 17, notu...
Post a Comment
Read more

Slow And Steady Wins? Bitcoin To Hit $1M Via ‘Pump’ And ‘Consolidate’ Pattern: Expert

The bull cycle was deemed over when the price of Bitcoin tragically fell toward $75,000 earlier in March 2025. Having notched an all-time high of above $100,000, most investors feared that the premier cryptocurrency had already reached its top for the current cycle. Contrary to popular belief, the price of Bitcoin has since forged multiple new all-time highs, with the current record high at around $122,800. Interestingly, the now-popular market consensus is that it is only a matter of time before the BTC price reaches a seven-figure valuation. How Will Bitcoin Hit $1 Million In 10 Years? In a recent post on the X platform, Blockware Bitcoin analyst Mitchell Askew has joined a growing list of experts to put forward a $1 million projection for the premier cryptocurrency. According to the analyst, the price of BTC is expected to achieve this major milestone over the next 10 years. What’s interesting is that Askew expects the Bitcoin price to reach a $1 million valuation in the next ...
Post a Comment
Read more