Gumi, SBI launch ¥3 billion crypto fund as Japan opens door to spot ETFs

gumi Inc., a Japanese gaming and blockchain company, has joined with a financial group, SBI, to launch SBI Crypto Fund I. It will begin operating on August 1, 2026.

The fund is aiming for 3 billion yen, which makes up $18.3 million. It will employ methods such as staking, hedging, and portfolio rebalancing to manage the money.

SBI Financial Services holds 51% of the stake in the fund, while Gumi’s unit gC Labs owns the remaining 49%. Moreover, Daiwa Securities Group and Yamada Securities Group are among the investors. The fund only puts money into Bitcoin and other major altcoins that trade on recognized exchanges.

Gumi has been active in digital assets since at least 2018. As of April 30, 2026, its total crypto holdings were worth around 14 billion yen, or about $86 million. The company wants to become the largest XRP treasury company in Japan.

SBI already owns about 34% of gumi through a capital and business partnership formed in 2022. Gumi also created a unit called “Neo Crypto” to bring all its digital asset work under one roof. The division is being built to gain operating experience and get ready for the possible approval of crypto ETFs in Japan.

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