Crypto
Japan's Gumi Dives into Altcoins with $18.3M Fund
Gumi, a Japanese game developer, has launched an $18.3M crypto asset fund in partnership with SBI Financial Services.
The new fund is a joint venture called SBI Crypto Fund, with operations beginning August 1, 2026.
It will actively stake, rebalance, and hedge across Bitcoin and major altcoins, not just holding onto cash reserves.
Gumi's balance sheet is centered on XRP, reflecting a deliberate bet on its role in payments and settlement infrastructure rather than a pure reserve-asset play.