Tokyo-based Game Studio Gumi Bets $6.6M on Bitcoin
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Feb 11 2025Gumi Inc.'s Bitcoin Investment: Japanese game developer Gumi Inc. plans to purchase Bitcoin worth 1 billion yen (approximately $6.58 million) by May 2025 to enhance its blockchain operations and become a validator in the Babylon staking protocol, marking it as the first publicly listed Japanese company to do so.
Growing Cryptocurrency Interest in Japan: This move reflects a broader trend of increasing institutional interest in cryptocurrency among Asian companies, amid tightening regulations on unregistered crypto exchanges in Japan, highlighting confidence in Bitcoin's long-term potential.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
