1 week ago
Investment steadfast Sora Ventures announced what it says is Asia’s archetypal dedicated bitcoin (BTC) treasury fund, with plans to bargain $1 cardinal worthy of the cryptocurrency successful the adjacent six months.
The announcement was made during Taipei Blockchain Week, wherever the steadfast revealed $200 cardinal successful archetypal commitments from investors crossed the region.
The money volition service arsenic a cardinal excavation of superior for strengthening Asia’s web of bitcoin treasury firms, the institution said. A fig of companies successful the portion already negociate their ain bitcoin treasuries, the largest of which belongs to Tokoy-based Metaplanet (3350) astatine 20,000 BTC.
“This is the archetypal clip Asia has seen a committedness of this magnitude toward gathering a web of bitcoin treasury firms,” Luke Liu, spouse astatine Sora Ventures, said.
Founder Jason Fang added that organization involvement has agelong been concentrated successful the U.S. and Europe, and that the caller money signals Asia’s emergence arsenic a superior subordinate successful the market.
Taipei-based Sora has already invested successful respective determination pioneers. In 2024, it backed Metaplanet’s 1 cardinal yen ($6.7 million) bitcoin allocation, and successful 2025 it acquired Hong Kong’s Moon Inc., Thailand’s DV8 and partnered with South Korea’s BitPlanet, the steadfast said.
Bitcoin treasury firms’ accumulation is 1 of the large trends of the existent cycle. In total, publically traded companies power implicit 1 cardinal BTC, according to BitcoinTreasuries data. The lion’s stock of these coins are held by Tysons Corner, Virginia-based Strategy (MSTR), which holds 636,505 BTC.
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