Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Tokyo game developer Gumi invests $90M in XRP, aiming to be Japan's largest institutional holder.

Market News
19 Jun 2026
Zycrypto
View Source
Bullish
pluang ai news

Tokyo-listed game developer Gumi is investing over ¥14 billion (around $90 million) in XRP, aiming to become Japan's largest institutional holder of the cryptocurrency. The company is restructuring its business into two divisions, with XRP operations central to its new "Neo Crypto Business." Gumi plans to actively use XRP in financial infrastructure projects, including node operations and asset management, and will collaborate with partners like SBI Holdings. This move reflects a broader trend of institutional adoption of XRP, as Ripple pushes global growth despite regulatory challenges in the U.S.

More News

Cate & Chloe offers 77% off Bianca earrings during Amazon Prime Day 2026 sale

Cate & Chloe offers 77% off Bianca earrings during Amazon Prime Day 2026 sale

Cate & Chloe is discounting its Bianca 18k Gold-Plated Crystal Hoop Earrings to $19.98 from $86 during Amazon Prime Day 2026, running June 23-26. This 77% markdown aligns with growing consumer demand for affordable luxury jewelry, with earrings price...

Others
Neutral
54 minutes ago
SPX Technologies plans leadership change in Detection & Measurement segment by August 2026.

SPX Technologies plans leadership change in Detection & Measurement segment by August 2026.

SPX Technologies announced a leadership transition in its Detection & Measurement segment as John Swann plans to retire in January 2027. Eric Kaled will take over as segment leader starting August 31, 2026, ensuring continuity and growth. Swann has b...

Company Fundamentals
Bullish
3 hours ago
Brodsky & Smith investigates fiduciary duty breaches in four major merger deals.

Brodsky & Smith investigates fiduciary duty breaches in four major merger deals.

Brodsky & Smith LLC is investigating whether the boards of AstroNova, Open Lending, Huntsman, and Standard BioTools breached their fiduciary duties in recent merger agreements. The investigations focus on whether the companies conducted fair processe...

Market News
Bearish
3 hours ago
Canadian government shuts down corporate responsibility ombudsman, sparking union backlash

Canadian government shuts down corporate responsibility ombudsman, sparking union backlash

The Canadian government has decided to close the Office of the Canadian Ombudsperson for Responsible Enterprise (OCRE), a move strongly condemned by the United Steelworkers union. The union argues that while OCRE lacked independence and power, abolis...

Market News
Bearish
4 hours ago
Canada abolishes its Ombudsperson for Responsible Enterprise, sparking criticism over human rights accountability.

Canada abolishes its Ombudsperson for Responsible Enterprise, sparking criticism over human rights accountability.

The Canadian government has decided to abolish the Office of the Ombudsperson for Responsible Enterprise (CORE), which was tasked with reviewing complaints about human rights and labor abuses linked to Canadian companies operating abroad. The United ...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App