[LIVE] XRP Price Developments, October 22: Japanese Firm GUMI Joins Ripple and SBI in Evernorth’s XRP Treasury Deal
Japan’s gaming and blockchain firm GUMI Inc. has joined SBI Group and Ripple in a non-public funding (PIPE) for Evernorth’s XRP treasury enterprise, increasing institutional participation in the token’s ecosystem.
The collaboration goals to strengthen XRP’s function in cross-border settlement and company treasury operations, notably throughout Asia’s rising digital finance market. Industry observers view the transfer as an indication of renewed institutional alignment behind Ripple’s infrastructure ambitions.
Meanwhile, XRP trades round $0.49, struggling to reclaim the $0.50 mark after latest market-wide weak point. Technical analysts establish key help between $0.475 and $0.48, with resistance at $0.515, suggesting consolidation could proceed as merchants digest the most recent developments.
Follow this web page for dwell XRP worth actions and ongoing updates on market reactions to the GUMI–Ripple–SBI partnership.
XRP Price Developments, October 22: Live News and Price Updates
The publish [LIVE] XRP Price Developments, October 22: Japanese Firm GUMI Joins Ripple and SBI in Evernorth’s XRP Treasury Deal appeared first on Cryptonews.
