Japan Launches Crypto Fund in Anticipation of Approval for Crypto-ETF Creation

cryptonews.ruPublished on 2026-07-30Last updated on 2026-07-30

Abstract

Japan's SBI Crypto Fund, a joint venture between SBI Financial Services (51%) and Gumi gC Labs (49%), has launched to invest in Bitcoin and major altcoins, generating returns through staking. The fund will use portfolio rebalancing and hedging tools for risk management. Participants include Daiwa Securities Group and other Japanese firms. Mobile game developer Gumi, which holds a reserve of XRP, has seen its crypto assets nearly double in value to $86 million. This move anticipates Japan's upcoming regulatory changes. In July, parliament amended financial laws to allow cryptocurrency-linked exchange-traded funds (ETFs) to launch on the Tokyo Stock Exchange starting in 2028. In a related development, the Nationwide Business Corporate Pension Fund, serving 1,200 SMEs, announced plans to invest about 1% of its assets in cryptocurrencies.

The project is named SBI Crypto Fund, with 51% owned by SBI Financial Services and 49% by the company Gumi gC Labs. According to the announcement, the fund plans to purchase Bitcoin and major altcoins, generating income through staking. To manage risks, the fund promises to conduct portfolio rebalancing and apply hedging instruments.

SBI Financial Services, as part of the SBI holding, develops financial services related to digital assets. The investment group Daiwa Securities Group and some other Japanese firms have also invested in the project.

The mobile game developer Gumi is also developing its own business in digital assets, having built up a reserve of XRP. As of April 30, the value of Gumi's crypto assets amounted to 14.13 billion yen ($86 million), nearly doubling compared to 7.58 billion yen ($46 million) a year earlier.

In July, Japan's parliament adopted amendments to the Financial Instruments and Exchange Act (FIEA) and the Payment Services Act (PSA), permitting the launch of exchange-traded funds (ETFs) that track cryptocurrency performance on the Tokyo Stock Exchange starting in 2028.

Earlier, the Japanese corporate pension fund Nationwide Business Corporate Pension Fund announced plans to invest about 1% of its assets in cryptocurrencies. The fund serves approximately 1,200 small and medium-sized businesses.

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