Japanese game company Gumi partners with SBI to launch 300 million yen Bitcoin and altcoin fund
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Japanese game company Gumi partners with SBI to launch 300 million yen Bitcoin and altcoin fund
According to Cointelegraph, Japanese game developer Gumi announced that starting this Saturday, it will jointly operate a crypto asset fund sized at 3 billion yen (approximately $18.3 million) with SBI Financial Services, with institutions such as Daiwa Securities Group participating in the investment. The fund is operated by SBI Crypto Fund (SBI Financial Services holds 51%, Gumi's subsidiary gC Labs holds 49%), mainly investing in Bitcoin and mainstream altcoins, and adopting strategies such as staking, rebalancing, and hedging. Gumi stated that this move aims to build a bridge between the Japanese corporate sector and the crypto market, and to prepare in advance for Japan's potential future lifting of the crypto ETF ban. As of April 30, 2026, Gumi's held crypto assets have reached 14.13 billion yen, nearly doubling compared to 7.58 billion yen a year ago, with its crypto business core assets consisting primarily of XRP.
Navigating Web3 tides with focused insightsTechFlow reports, July 30, according to Cointelegraph, Japanese game developer Gumi announced that starting this Saturday it will jointly operate a crypto asset fund sized at 3 billion yen (approximately $18.3 million) with SBI Financial Services Company, with institutions such as Daiwa Securities Group participating in the investment. The fund is operated by SBI Crypto Fund (SBI Financial Services holds 51%, Gumi's subsidiary gC Labs holds 49%), mainly investing in Bitcoin and mainstream altcoins, adopting strategies such as staking, rebalancing, and hedging.
Gumi stated that this move aims to build a bridge between the Japanese corporate sector and the crypto market, and prepare in advance for Japan's potential lifting of the crypto ETF ban in the future. As of April 30, 2026, Gumi's held crypto assets reached 14.13 billion yen, nearly doubling compared to 7.58 billion yen a year ago, with its core assets in crypto business being mainly XRP.
