SBI Crypto Fund I targets Bitcoin and major altcoins with staking and rebalancing strategies, backed by Daiwa and Yamada Securities. 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. How the fund is structuredThe 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%. AdvertisementDaiwa Securities Group and Yamada Securities Group are also listed as investors.