Gumi and SBI to Launch $18.32M Crypto Fund on August 1

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According to Foresight News, Gumi and SBI Financial Services will begin operating SBI Crypto Fund I on August 1, with a fund size of approximately 3 billion yen ($18.32 million). The fund, established through Gumi's subsidiary gC Labs and SBI Financial Services, will invest primarily in exchange-listed crypto assets including Bitcoin and major altcoins, with backing from multiple investors including Daiwa Securities Group.
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