
The private three-year fund begins operating Aug. 1 with backing from Daiwa Securities Group and others, as gumi deepens its digital-asset push amid Japan’s crypto market and regulatory changes.
gumi and SBI Financial Services are launching a ¥3 billion (about $18.3 million) private cryptocurrency fund focused on Bitcoin and major altcoins, with operations set to begin Aug. 1. Backed by Daiwa Securities Group, Yamada Securities Group and other investors, SBI Crypto Fund I will use staking, rebalancing and hedging strategies centered on listed crypto assets and will not be offered directly to ordinary retail investors. The fund will run for three years and is operated by SBI Crypto Fund LLC, owned 51% by SBI Financial Services and 49% by gC Labs, a gumi unit. gumi said the vehicle is intended to build operating experience and prepare for the possible approval of crypto ETFs in Japan, where lawmakers have passed legislation to reclassify digital assets as financial instruments from 2027 and the Financial Services Agency is working on a framework for such products. The launch also comes as gumi expands its broader digital-asset strategy: it said crypto holdings were worth about ¥14 billion as of April 30, 2026, and that it aims to become Japan’s largest XRP treasury company.