Taiwan-based Sora Ventures has announced a new $1 billion fund aimed at supporting companies investing in Bitcoin treasury assets in Asia.
Fund Goals
The fund is focused on investing in companies that hold Bitcoin on their balance sheets. This approach is becoming more popular among publicly traded firms in Japan, Hong Kong, Thailand, and South Korea.
One Billion Dollars in Six Months
According to a press release, the fund aims to reach $1 billion within the next six months. The initial phase reportedly includes $200 million in commitments from regional partners and investors.
Sora Ventures' Strategic Investments
The new fund builds on the company’s previous strategic steps. In April 2024, Sora invested in Japan-based Metaplanet, supporting the firm's Bitcoin acquisition worth 1 billion yen (approximately $6.6 million). Earlier this year, the company acquired a controlling stake in South Korea’s BitPlanet, enhancing its digital asset expansion.
Sora Ventures' fund aims to accelerate institutional-scale Bitcoin investments in Asia by merging local and global capital.
