Gumi is ramping up its blockchain strategy with fresh funding, targeting XRP acquisitions, staking income, debt reduction, and deeper ties with Ripple.
In the city where lanterns waver like faint stars and the river of commerce flows as if it were a mighty horse, Gumi-the maker of games and a conspirator with numbers-sets forth upon a voyage not for bread alone but for the glittering digestion of wealth. They chase XRP and its companions, intend to coax from the cold machine a modest harvest of income through staking, and seek to lay the debt that gnaws at the hull, while binding their fate more tightly to Ripple than a lover to a date-night letter.
Tokyo-based game developer and crypto strategy company Gumi Inc. (Tokyo Stock Exchange: 3903) announced on Oct. 2 that its board approved the issuance of the 26th series of stock acquisition rights through a third-party allotment to SBI Securities Co. Ltd. The financing, projected to raise approximately ¥5.72 billion ($38.79 million), is aimed at reducing debt and accelerating Gumi’s blockchain growth strategy, with a substantial emphasis on acquiring XRP and other crypto assets.
“Funds raised this time will be allocated not only to acquiring crypto assets such as bitcoin (BTC), XRP, and others that the company expects will exceed their current value in the future, but also to create synergies through staking and other business applications.”
Of the net proceeds, about ¥3 billion will be directed to repaying a loan from SBI Securities, ¥2 billion will be used for the purchase of XRP and bitcoin, and ¥719 million will go toward further blockchain investments.
By combining asset purchases with staking activities, Gumi seeks to generate both capital gains and steady income. 😂
In highlighting XRP as a priority, Gumi noted:
“The company believes that, in addition to capital gains from the increase in XRP’s value, it can further strengthen business synergies by promoting the joint development of new services in collaboration with Ripple and the SBI Group.”
The firm emphasized that XRP’s role in international remittance systems and its alignment with SBI’s financial network make it strategically significant. While acknowledging volatility risks, management underscored a long-term outlook, expecting XRP and other holdings to appreciate in value over time. The adjustable exercise price structure tied to market prices was also designed to provide funding flexibility while moderating the impact of dilution for existing shareholders.
And so the ledger of modern fortune continues to be written, with screens for stars and numbers for moons, as if fortune itself were a curious child at play with a new toy. The tale treads onward with a wink to risk and a sigh for certainty. 😅🤔😂
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2025-10-05 05:03