Japanese mobile gaming giant Gumi is intensifying its cryptocurrency investments by allocating approximately $17 million to purchase XRP, underscoring its strategic commitment to the crypto sector. With backing from its largest shareholder SBI Holdings, Gumi views XRP and Bitcoin as foundational assets in its financial strategy, aiming to expand into the financial ecosystem and leverage XRP's role in international remittances and liquidity. This move aligns with their plans to launch a substantial crypto management fund alongside SBI and reflects a broader corporate trend of incorporating digital assets on balance sheets in Japan.
Continue to read Gumi Accelerates Crypto Investment with $17M XRP Acquisition to Strengthen Financial Strategy
Japanese mobile gaming giant Gumi is intensifying its cryptocurrency investments by allocating approximately $17 million to purchase XRP, underscoring its strategic commitment to the crypto sector. With backing from its largest shareholder SBI Holdings, Gumi views XRP and Bitcoin as foundational assets in its financial strategy, aiming to expand into the financial ecosystem and leverage XRP's role in international remittances and liquidity. This move aligns with their plans to launch a substantial crypto management fund alongside SBI and reflects a broader corporate trend of incorporating digital assets on balance sheets in Japan.
Continue to read Gumi Accelerates Crypto Investment with $17M XRP Acquisition to Strengthen Financial Strategy
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