Japanese mobile gaming company Gumi has announced plans to purchase XRP valued at approximately $17 million (2.5 billion yen) by February 2025. The company's board has approved the acquisition, which aligns with Gumi's strategy to expand into the financial sector. Gumi's largest shareholder, SBI Holdings, is a long-term partner of Ripple, the issuer of XRP. The company views XRP as a 'network asset based on real financial needs.'
Gumi to Acquire $17 Million in XRP by February 2025
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