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Japanese game developer launches Bitcoin and altcoin fund with SBI

The fund expands Gumi’s crypto exposure, following a nearly twofold increase in its crypto holdings over the past year.

Reported · Written up by our desk · Market Structure

Cointelegraph reports that Gumi, a Japanese game developer, has launched a Bitcoin and altcoin fund in partnership with SBI.

The outlet says the fund builds on Gumi’s existing crypto business, which includes a focus on XRP.

According to Cointelegraph, Gumi’s crypto holdings have nearly doubled over the past year, and the new fund is positioned as a further step in that ramp-up.

Latest closeBitcoin $64,168.35 ▲0.5%|XRP $1.076 ▲0.8%

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