Japanese Game Developer Gumi Partners with SBI to Launch $18.3M Crypto Asset Fund
Key Takeaways
- •Gumi and SBI Financial Services are launching a 3 billion yen joint venture called SBI Crypto Fund, with SBI holding a 51% stake and Gumi's subsidiary gC Labs holding 49%.
- •The fund will use three active strategies—staking, portfolio rebalancing, and hedging—rather than passively holding digital assets.
- •Gumi's crypto balance sheet reached 14.13 billion yen as of April 2026, nearly double the prior year, with XRP serving as its central holding rather than Bitcoin.
- •Fellow Japanese gaming company Enish liquidated its entire Bitcoin position at an approximate loss of 24.7 million yen and redirected 720 million yen into Solana staking and validator operations targeting 6 to 8 percent annualized yields.
- •Japan has not approved spot crypto ETFs, though the country has maintained a crypto exchange licensing regime since 2017 revisions to the Payment Services Act.

Japanese gaming company Gumi is launching a 3 billion yen (approximately $18.3 million) crypto investment fund in partnership with SBI Financial Services, marking a significant shift beyond passive Bitcoin holdings toward active yield-generating strategies. The fund will stake, rebalance, and hedge across Bitcoin and major altcoins, and Gumi has positioned it as a step toward Japan's eventual opening of a crypto ETF market.
The development comes as Bitcoin trades around $64,500, holding flat following the latest FOMC meeting where interest rates remained unchanged, though SEC Chair Kevin Warsh signaled potential future rate hikes.
Japanese Game Developer Joins SBI to Launch Bitcoin & Altcoin Fund
Japanese gaming company Gumi has unveiled a 3 billion yen (~ $18 million) crypto investment fund with SBI Financial Services.
The portfolio will focus on Bitcoin, leading altcoins, and yield… pic.twitter.com/TpBl5JDUvk
— BSCN (@BSCNews) July 30, 2026
How the Gumi–SBI Fund Is Structured
The fund operates as a joint venture called SBI Crypto Fund, with SBI Financial Services holding a 51% stake and gC Labs, a Gumi subsidiary, holding 49%. Daiwa Securities Group and other investors are providing backing, according to Gumi's Tuesday announcement. Total committed capital stands at 3 billion yen (roughly $18.3 million), with operations scheduled to begin on August 1, 2026.
The vehicle employs three active strategies: staking, which involves locking tokens in a blockchain network's validation process to earn yield; portfolio rebalancing across multiple assets; and hedging to manage downside exposure. Gumi describes the approach as closer to a small crypto hedge fund operating on a corporate balance sheet than a passive holding structure.
SBI's involvement brings an established institutional partner to the venture. SBI Holdings, the parent of SBI Financial Services, has built one of Japan's most extensive crypto financial services footprints, operating a regulated crypto exchange and offering digital asset custody—infrastructure that directly supports a fund of this type.
Gumi stated that the fund's mission is to bridge Japan's corporate sector with the crypto market while building an operational track record ahead of a potential future lifting of Japan's crypto ETF ban. Japan's Financial Services Agency has not approved spot crypto ETFs, even as the country maintains a licensing regime for crypto exchanges that dates to 2017 revisions of the Payment Services Act. Gumi has framed the fund as both a proof of concept for institutional infrastructure and a return-seeking vehicle.
Gumi's Balance Sheet: XRP at the Center
Gumi's crypto business is doubling down on XRP. This means more XRPL integration for gamers.
This is how adoption happens.
— XRP (@XRP_Alerts) July 30, 2026
The new fund builds on a crypto strategy that Gumi has been developing for over a year. As of April 30, 2026, Gumi held 14.13 billion yen in crypto assets on its balance sheet, nearly double the 7.58 billion yen reported a year earlier.
Notably, Gumi's balance sheet is centered on XRP rather than Bitcoin. The company's prior investor relations disclosures outlined a plan to acquire 6 million XRP in phases, reflecting a strategic emphasis on XRP's role in payments and settlement infrastructure rather than treating it purely as a reserve asset. The new altcoin fund extends this approach by adding active management tools on top of direct token holdings.
Gumi also operates portfolio management services through a subsidiary called Hinode Technologies, signaling that the company is developing crypto as a full business line rather than simply a treasury allocation. The combination of direct holdings, a managed fund, and advisory services positions Gumi as one of the most vertically integrated corporate crypto operations among Japanese gaming companies.
Enish Pushes the Yield-First Model Further
While Gumi is diversifying across altcoins alongside Bitcoin, fellow Japanese gaming firm Enish has made an even sharper pivot. According to reporting from Crypto Economy and Solana Compass, Enish liquidated its entire Bitcoin position—selling 8.063 BTC for proceeds of 79.27 million yen and recording an approximate loss of 24.7 million yen on the transaction.
Enish redirected that capital into a Solana staking and validator operations model, allocating a 720 million yen budget designated as an "Active Treasury" with targets of 6 to 8 percent annualized yields.
Solana staking involves delegating SOL tokens to a network validator—a node that processes transactions and earns protocol rewards—with delegators receiving a proportional share of those rewards. Enish's approach goes further by running validator infrastructure directly rather than simply delegating tokens, enabling the company to capture a larger portion of block rewards.
The shift away from passive Bitcoin holding toward active staking infrastructure underscores a broader trend: institutional interest in Solana staking products has been growing globally, and Enish's move indicates that altcoin-based institutional demand is now reaching Japanese corporate treasuries. Taken together, the moves by Gumi and Enish suggest that Japanese gaming companies—traditionally focused on mobile and browser-based entertainment—are increasingly repurposing their balance sheets and technical teams toward crypto infrastructure, positioning themselves as participants in digital asset markets rather than bystanders awaiting regulatory clarity.