Tokyo-based game developer and crypto strategy firm Gumi Inc. (Tokyo Stock Exchange: 3903) announced on October 2, 2025, that its board of directors approved the issuance of the 26th series of stock acquisition rights through a third-party allotment to SBI Securities Co. Ltd. The financing is projected to raise approximately ¥5.72 billion ($38.79 million), aimed at reducing debt and accelerating Gumi's blockchain growth strategy, with a significant focus on acquiring XRP and other crypto assets.
Fund Allocation and Strategic Use
Gumi clearly stated its intentions: “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 go 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 streams.
XRP as a Strategic Priority
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.
Market and Industry Context
This move comes amid growing institutional adoption of digital assets in Japan, particularly following a partial legal victory for Ripple in its SEC case, which has boosted XRP's credibility among traditional firms. Gumi's partnership with SBI — a major financial conglomerate with close ties to Ripple — positions the company to explore blockchain-based gaming, cross-border payments, and staking services. By leveraging the SBI ecosystem, Gumi expects to reduce operational risks and gain access to a broader network for its crypto-related ventures. The company also plans to use a portion of the funds for additional blockchain investments, potentially in DeFi and NFT-related projects, although specific details remain undisclosed.
Risks and Future Outlook
Gumi acknowledged that crypto market volatility could affect the value of its holdings, but management remains confident in the long-term appreciation of Bitcoin and XRP. The adjustable exercise price of the stock acquisition rights helps mitigate dilution concerns for shareholders while allowing Gumi to raise capital progressively. Industry observers note that this funding model could set a precedent for other Japanese companies seeking to enter the crypto space without taking excessive financial risk. If successful, Gumi's strategy of combining asset appreciation with staking yields may serve as a blueprint for integrating blockchain assets into traditional corporate treasuries.