Tokyo-based game developer and crypto strategy company Gumi Inc. (Tokyo Stock Exchange: 3903) announced on October 2, 2025, 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 is projected to raise approximately ¥5.72 billion ($38.79 million) and is aimed at reducing debt and accelerating Gumi’s blockchain growth strategy, with a substantial emphasis on acquiring XRP and other crypto assets.
Fund Allocation and Strategic Goals
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. The company stated: “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.” By combining asset purchases with staking activities, Gumi seeks to generate both capital gains and steady income.
XRP as a Core Asset
Gumi highlighted XRP as a priority, noting 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.
Shareholder-Friendly Structure
The adjustable exercise price structure tied to market prices was designed to provide funding flexibility while moderating the impact of dilution for existing shareholders. This mechanism allows Gumi to adjust the conversion price based on market conditions, ensuring the capital-raising process remains efficient and shareholder-friendly.
Industry Context and Implications
Gumi, one of Japan’s earliest blockchain adopters in the gaming sector, has previously made multiple crypto investments. Its close ties with SBI Group — itself a key Ripple partner — further strengthen its strategic positioning. The move signals a growing trend among traditional Japanese enterprises to embrace digital assets, particularly XRP, for long-term treasury management. Analysts suggest that if XRP prices appreciate as Gumi anticipates, it could significantly enhance the company’s balance sheet and serve as a model for other Asian tech firms exploring crypto integration.