Japanese game developer Gumi has partnered with financial giant SBI to launch a new Bitcoin and altcoin fund, marking a significant expansion in its crypto business. This move builds on Gumi’s existing focus on digital assets, particularly its involvement with XRP.
According to CoinTelegraph, Gumi has nearly doubled its crypto holdings over the past year, highlighting the company’s growing commitment to the cryptocurrency sector. The launch of the fund signals an effort to capitalize on the rising interest in digital currencies among Japanese investors.
Japan’s regulatory environment and increasing institutional participation continue to support the growth of crypto-related ventures, making this partnership between Gumi and SBI a notable development in the local market.