{"id":419,"date":"2026-07-30T11:19:58","date_gmt":"2026-07-30T03:19:58","guid":{"rendered":"https:\/\/www.btcethdata.com\/?btc_ct_news=japanese-game-developer-launches-bitcoin-altcoin-fund-with-sbi"},"modified":"2026-07-30T12:52:05","modified_gmt":"2026-07-30T04:52:05","slug":"japanese-game-developer-launches-bitcoin-altcoin-fund-with-sbi","status":"publish","type":"btc_ct_news","link":"https:\/\/www.btcethdata.com\/?btc_ct_news=japanese-game-developer-launches-bitcoin-altcoin-fund-with-sbi","title":{"rendered":"Japanese game developer launches Bitcoin, altcoin fund with SBI"},"content":{"rendered":"<p>Japanese game developer Gumi said it will begin operating a 3 billion yen (about $18.3 million) crypto asset fund on Saturday with SBI Financial Services and backing from Daiwa Securities Group and other investors.<\/p>\n<p>The fund is operated by SBI Crypto Fund, a joint venture owned 51% by SBI Financial Services and 49% by Gumi subsidiary gC Labs.<\/p>\n<p>According to Gumi\u2019s Tuesday <a href=\"https:\/\/contents.xj-storage.jp\/xcontents\/AS01462\/287a289f\/cf3f\/4bee\/9edd\/494ae1fd77e0\/140120260728500872.pdf\" rel=\"nofollow noopener\" target=\"_blank\">announcement<\/a>, the fund will invest primarily in Bitcoin and major altcoins, using staking, portfolio rebalancing and hedging strategies.\u00a0<\/p>\n<p>The company said the fund\u2019s mission is to bridge Japan\u2019s corporate sector and the crypto market while building an operational track record ahead of a possible future lifting of Japan\u2019s ban on crypto exchange-traded funds.<\/p>\n<p>The launch builds on Gumi\u2019s expanding crypto business, which includes managing its own crypto holdings centered on XRP, portfolio management services through Hinode Technologies and crypto investment funds.<\/p>\n<p>The company\u2019s latest <a href=\"https:\/\/contents.xj-storage.jp\/xcontents\/AS01462\/67c8fe69\/23b6\/41c7\/a323\/165a09cdbb28\/140120260612569739.pdf\" rel=\"nofollow noopener\" target=\"_blank\">annual report<\/a> shows crypto has become a significant part of its balance sheet. As of April 30, 2026, Gumi held 14.13 billion yen in crypto assets, nearly doubling from 7.58 billion yen a year earlier.\u00a0<\/p>\n<p><em><strong>Related: <\/strong><\/em><a href=\"https:\/\/cointelegraph.com\/news\/bny-transfer-agency-records-blockchain\" rel=\"nofollow noopener\" target=\"_blank\"><em><strong>BNY to bring transfer agency records onchain in blockchain push<\/strong><\/em><\/a><\/p>\n<p class=\"btc-ct-attr\"><em>Source: <a href=\"https:\/\/cointelegraph.com\/news\/japanese-game-developer-bitcoin-altcoin-fund\" rel=\"noopener noreferrer\" target=\"_blank\">Cointelegraph<\/a> \/ Yohan Yun<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bitcoin and altcoin fund builds on Gumi\u2019s growing crypto business centered around XRP, with the company nearly doubling its crypto holdings over the past year.<\/p>\n","protected":false},"featured_media":420,"template":"","btc_ct_section":[7],"class_list":["post-419","btc_ct_news","type-btc_ct_news","status-publish","has-post-thumbnail","hentry","btc_ct_section-latest"],"_links":{"self":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/btc_ct_news\/419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/btc_ct_news"}],"about":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/types\/btc_ct_news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/media\/420"}],"wp:attachment":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=419"}],"wp:term":[{"taxonomy":"btc_ct_section","embeddable":true,"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fbtc_ct_section&post=419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}