gumi and SBI launch 30 billion‑yen crypto fund in Japan

Japanese game developer gumi and SBI Financial Services have begun operating the jointly created "SBI Crypto Fund I" on August 1. The fund, sized at about ¥30 billion, is backed by multiple investors including Daiwa Securities Group. It will primarily invest in Bitcoin and major altcoins listed on exchanges, employing staking, market‑responsive rebalancing and hedging strategies.

The partners say the fund aims to gather performance data and operational expertise to support future crypto‑exchange‑traded funds and blended traditional‑crypto investment products in Japan's financial market.