Bitcoin News

Story: Gumi and SBI Launch ¥3 Billion Crypto Fund Targeting Bitcoin and Major Altcoins

By Jean-Luc Maracon

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A Launch That Was Already Delayed Once. The fund was originally supposed to go live in 2025. It didn't.

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Gumi's Crypto Balance Sheet Is Already Big. Here's the context that makes this fund launch more than just a press release: Gumi already holds…

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What's Still Unclear. Quite a bit, honestly. No reporting schedule was included in the announcement.

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Gumi is getting serious about crypto. The Japanese game developer just teamed up with SBI Financial Services to launch a ¥3 billion crypto asset fund, with operations kicking off…

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The fund, called SBI Crypto Fund I, is a private placement vehicle structured as a Japanese silent partnership.

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The fund targets Bitcoin and major listed altcoins, though Gumi didn't name which altcoins specifically. Strategies will include staking, portfolio rebalancing, and hedging.

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The fund was originally supposed to go live in 2025. It didn't. Gumi and SBI pushed the start date back to get a clearer read on crypto market conditions, which, fair enough —…

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Now they're moving. And the timing matters, because Japan's regulatory environment has been shifting.

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Here's the context that makes this fund launch more than just a press release: Gumi already holds a massive crypto position. As of April 30, 2026, the company held ¥14.

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More context: XRPs $2.43 Billion Derivatives Overhang Dwarfs Spot Market Ahead of Fed

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Crypto valuation gains hit ¥2.63 billion, which basically carried Gumi's ¥2.17 billion ordinary profit for the period. Operating profit dropped to ¥83.

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Gumi's crypto activities go beyond just holding Bitcoin. The company manages XRP holdings and uses Hinode Technologies for portfolio management.

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The fund structure with SBI is an extension of that thinking. By partnering with SBI Financial Services, a heavyweight in Japanese financial services, Gumi gets institutional…

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Quite a bit, honestly. No reporting schedule was included in the announcement. No specific altcoin names. No custodial setup. No fee breakdown.

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Read also: Clear Creeks $15.1M Crypto ETF Bet Spans Bitcoin, Ethereum, XRP, and Solana

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