Japan’s institutional crypto machine just added another gear. Gaming firm gumi Inc. and financial giant SBI have jointly launched SBI Crypto Fund I, a structured investment vehicle targeting Bitcoin and major altcoins that began operations on August 1, 2026.
The fund carries a target size of 3 billion yen, roughly $18.3 million, and will deploy capital through strategies including staking, hedging, and portfolio rebalancing.
How the fund is structured
The vehicle operates through SBI Crypto Fund LLC, with SBI Financial Services holding a 51% stake and gumi’s subsidiary gC Labs owning the remaining 49%.
Daiwa Securities Group and Yamada Securities Group are also listed as investors.
