Sora Ventures, a blockchain venture capital firm, has formed Asia’s first Bitcoin treasury fund and intends to buy $1 billion in Bitcoin (BTC) over the next six months.
In a post on X, Sora’s Founder Jason Fang shared the announcement, which was made during Taipei Blockchain Week. The fund, which signals a major institutional adoption of cryptocurrency in the region, is backed by $200 million from regional partners and investors.
Unlike individual firms that keep Bitcoin on their books, this fund serves as an institutional pool of capital in common. It is meant to back incumbent Bitcoin treasury programs and promote the development of similar projects globally. It serves to solidify Bitcoin’s position as a global reserve asset.
This initiative makes Asia a genuine player for institutional investment in Bitcoin, a major turnabout from the traditionally U.S.-dominant Bitcoin treasury scene.
Fang said, “Asia has been one of the most important markets for the development of blockchain technology and Bitcoin. We have seen a rise in interest from institutions investing in Bitcoin treasuries in the U.S. and EU, while in Asia efforts have been relatively fragmented.”
He added that this fund is the first time institutional money in Asia has come together, starting locally, expanding regionally, and now moving onto the global stage.
Asia’s Rise in Bitcoin Investment
In 2024, Sora Ventures supported Metaplanet, Japan’s first Bitcoin treasury, with a ¥1 billion ($6.56M) allocation. In 2025, the company expanded across Asia by acquiring Moon Inc. in Hong Kong, DV8 in Thailand, and partnering to acquire BitPlanet in South Korea. These acquisitions were in an effort to replicate and amplify Bitcoin-first treasury models throughout the region.
Earlier this week, Metaplanet bought 1,009 BTC, bringing its total to 20,000 BTC. With an average price of $111,057 per coin, it now ranks as the sixth-largest public Bitcoin treasury worldwide.
Also Read: Public Companies Now Hold Over 1 Million Bitcoin in Reserves
