Sora Ventures Unveils $1B Bitcoin Treasury Fund for Asia

Bitcoin

Sora Ventures Unveils $1B Bitcoin Treasury Fund for Asia

Taiwan’s Sora Ventures is preparing one of the largest regional pushes into corporate Bitcoin adoption, unveiling plans for a fund that could reach $1 billion within six months.

Banner magacoin finance

The vehicle will channel capital into Asian companies adding Bitcoin to their balance sheets — a trend that has already gained momentum in markets such as Japan, Hong Kong, Thailand, and South Korea.

Founder Jason Fang said the initiative is designed to unify fragmented efforts across the region. “Institutional investment in Bitcoin treasuries is rising in the U.S. and Europe, but Asia hasn’t had a coordinated approach.

This fund changes that,” he explained.

The first $200 million has already been committed by local partners, and the new fund builds on Sora’s earlier moves.

In the past year, the venture firm backed Japan’s Metaplanet in a major Bitcoin purchase, took over Hong Kong’s Moon Inc., acquired Thailand’s DV8, and secured control of South Korea’s BitPlanet.

By consolidating capital at scale, Sora Ventures hopes to fast-track institutional adoption of Bitcoin across Asia and position the region as a heavyweight in the global treasury movement.


The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

telegram

Author

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.

Source: https://coindoo.com/sora-ventures-unveils-1b-bitcoin-treasury-fund-for-asia/