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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
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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.

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