XRP Price Could See Boost As Japanese Gaming Giant Commits 2.5-B Yen Investment
Japan’s Gumi Inc., known in the gaming sector, is moving deeper into crypto by planning a major purchase of XRP. The company said it will acquire 2.5 billion yen, or close to $17 million, worth of the token as part of its blockchain push. Related Reading: Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock Accumulation Over Several Months According to a press release, the acquisition will not be a single purchase. Instead, Gumi will buy XRP gradually from September 2025 through February 2026. By spreading out its spending, the company appears to be aiming at lowering....
Related News
Japanese gaming giant Capcom’s networks have reportedly come under attack, with criminals demanding a bitcoin ransom in exchange for not leaking confidential company information to the public.
Sega, one of the largest Japanese gaming companies, has announced that it will launch its first blockchain game in collaboration with Double Jump Tokyo, another Japanese development company. The game, which is based on Sega’s Sangokushi Taisen franchise, will be built using Oasys, a Japanese scaling-focused project, to support its blockchain elements.
Sega to Launch First Blockchain Gaming Project
Sega, one of the most influential Japan-based gaming companies, has announced that it will build its first blockchain-based game. The project, which will be built by another....
Gumi Inc., a prominent Japanese mobile game developer, has caught the attention of the broader crypto industry after revealing plans to buy $17 million worth of XRP. This move signals the gaming giant’s deeper commitment to blockchain technology, as it looks to tap into new revenue streams and strengthen its position through XRP in the […]
Japanese entertainment and video game company Konami has posted new job openings to expand its NFTs, Web3 and Metaverse offerings. Japanese gaming giant Konami is seeking to expand its crypto-versed talent pool while it ey the development of Web3 and Metaverse “experiences” and a nonfungible token (NFT) marketplace.The gaming giant is the latest in a lengthening list of big names signaling interest in expanding its Web3 offerings by seeking to acquire new talent. On Oct. 13, the company announced that it was recruiting a “wide range of talent” for "system construction and service....
The necessary innovation to make Web3 and decentralized gaming more accessible will come from the cryptocurrency industry. Numerous projects explore opportunities, and Cake DeFi wants to keep the momentum going. Through its $100 million Cake DeFi Ventures investment arm, the team will fund global startups focussed on Web3, gaming, and fintech. Cake DeFi Ventures Is […]