Japanese game developer Gumi has partnered with SBI Financial Services to launch a ¥3 billion crypto asset fund. The private fund, named SBI Crypto Fund I, will invest mainly in Bitcoin and major listed altcoins. According to the company announcement, the fund will operate as a private placement through a Japanese silent partnership structure and will be managed by SBI Crypto Fund LLC.
Fund Details
The fund has a planned three-year term and will combine staking, portfolio rebalancing, and hedging. Gumi's wholly owned subsidiary, gC Labs, owns 49% of the operating company, while SBI Financial Services owns 51%. The partners had originally considered beginning operations in 2025 but delayed the launch while assessing crypto-market conditions.
Investment Strategy
Gumi did not disclose individual investment amounts or the fund's planned asset allocations. The company also warned that the announcement does not guarantee future returns and is not an invitation to invest. The fund's mission is to bridge the crypto asset market and Japanese companies through investment and liquidity provision.
Market Context
Gumi's crypto holdings have already become a large part of its balance sheet, with ¥14.13 billion in crypto assets as of April 30, 2026. The company reported a ¥2.63 billion valuation gain from crypto assets during the latest fiscal year. Japan's Financial Services Agency has discussed changes that could eventually allow certain crypto ETFs, but regulatory and investment-trust rules still need to support their launch.
