Tokyo-listed game developer Gumi has purchased 6,008,857 XRP worth about $17 million, aligning with parent company SBI Holdings’ push for cross-border payments and expanding its blockchain-focused business.

Gumi’s investment highlights its shift toward blockchain integration. The company said the move aims to expand its revenue base while contributing to the growth of the XRP ecosystem. Following the announcement, Gumi’s stock jumped nearly 6% to ¥640 on Monday.

Gumi Ties XRP Bet to SBI Strategy

In a statement on social media platform X, Gumi confirmed that the $17 million purchase was part of its blockchain growth plan. The firm added that it wants to strengthen ties with SBI Holdings’ international payments and liquidity initiatives.

This is not Gumi’s first step into crypto. Earlier this year, the company bought $6.6 million worth of Bitcoin. The move showed it intends to treat digital assets as part of its long-term operations rather than short-term speculation.