gumi and SBI Launch $18.32M Crypto Fund on August 1

Joint venture by gC Labs and SBI Financial Services targets BTC and altcoins with staking, rebalancing, and hedging strategies to mitigate volatility.

Woofun AI reports that gumi and SBI Financial Services will commence operations of "SBI Crypto Fund I" on August 1. The fund, established by subsidiary gC Labs, holds approximately $18.32 million (3 billion yen) in capital from investors including the Yamato Securities Group.

The investment mandate centers on exchange-listed assets such as BTC and major altcoins. Operational tactics include staking, dynamic rebalancing based on market conditions, and hedging mechanisms designed to dampen price volatility risks.