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Sora Ventures unveils Asia’s first $1B Bitcoin treasury initiative
Sora Ventures, a Taiwan-based crypto venture capital firm, announced plans to raise a $1 billion fund aimed at accelerating institutional Bitcoin adoption across Asia. The firm says it will start with an initial $200 million committed by partners and investors and hopes to secure an additional $800 million in BTC purchases within the next six months.
Fund structure and strategic intent
Rather than acting as a single corporate buyer, Sora positions the fund as a centralized pool of institutional capital. According to the firm, the vehicle will support existing Bitcoin treasury operators and catalyze the formation of new treasuries throughout the region and worldwide. Sora’s partners describe the move as the first coordinated, large-scale effort to build a connected network of Bitcoin treasury firms in Asia.
“This is the first time that Asia has seen a commitment of this magnitude toward building a network of Bitcoin treasury firms, with capital commitment towards Asia’s first $1 billion treasury fund,” said Sora partner Luke Liu.
How this differs from public treasury firms like Metaplanet
Sora emphasizes that its approach will be distinct from publicly traded treasury companies such as Metaplanet, which already holds roughly 20,000 BTC on its balance sheet — a position valued in the billions. Instead of operating as a standalone treasury, Sora’s fund intends to act as a backstop and capital accelerator: providing liquidity, strategic capital, and coordination to private and public entities building Bitcoin treasuries.
Sora previously invested in Metaplanet and participated in the acquisition of Thailand’s DV8, which is transitioning to a Bitcoin treasury model. Those moves signal Sora’s broader strategy to standardize and professionalize corporate BTC holdings across Asia.
Why this matters for Asia’s institutional adoption of Bitcoin
Asia has been a hotbed for blockchain innovation, but institutional Bitcoin adoption in the region has been more fragmented than in the U.S. and Europe. Sora’s fund aims to narrow that gap by creating a regional infrastructure for treasury management, capital allocation, and institutional-grade custody practices. The firm’s founder, Jason Fang, framed the initiative as a historic moment: institutional capital in Asia is consolidating from local, to regional, and now global levels.
Experts note that the treasury trend began with Michael Saylor’s Strategy in 2020 and has since spread: more than 300 entities now report BTC on their balance sheets, with aggregate holdings tracked by BitcoinTreasuries.net exceeding millions of BTC across corporate treasuries.
Operational details and transparency
Sora Ventures has not yet provided full operational specifics on how funds will be deployed, custody arrangements, or governance of capital distribution. The firm did state its intention to act as a coordinating capital pool that backs both established treasury operators and emergent firms adopting BTC treasuries.
Analysts will be watching to see how Sora handles custody, compliance, and risk management, as these elements are critical to persuading conservative institutional treasurers to allocate to Bitcoin.
Market context and outlook
The move comes as institutional interest in crypto and Bitcoin treasuries continues to grow. Last year’s investments by venture firms into treasury-native companies and public acquisitions signal rising confidence in BTC as a corporate asset class. Sora’s $1 billion ambition could meaningfully accelerate that trend in Asia by providing the capital scale and coordination that many emerging treasuries currently lack.
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