Gumi (TYO:3903) will jointly establish a crypto asset fund with SBI Holdings (TYO:8473) to manage listed digital assets, leveraging their combined expertise in blockchain and finance, according to a Wednesday filing on the Tokyo Stock Exchange.

The fund will be structured as a private silent partnership and is expected to raise several billion yen with a three-year duration.

Management will be handled by a new limited liability company in Tokyo, with SBI holding a 51% stake and Gumi's blockchain subsidiary gC Labs owning 49%.

Gumi said the decision follows successful internal trials that outperformed Bitcoin price movements using strategies such as staking, DeFi income generation, and rebalancing.

It aims to eventually expand the fund for retail investors.