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Sora Ventures to Launch $1B Bitcoin Treasury in Asia
(Originally posted on : Crypto News – iGaming.org )
Bitcoin’s role as a reserve asset is taking a big step forward in Asia. Taiwanese crypto investment firm Sora Ventures has announced plans to launch the region’s first Bitcoin treasury fund, backed by a massive $1 billion commitment. The fund is expected to go live within six months, starting with nine-figure Bitcoin purchases.
Good to know
- The treasury will launch with an initial purchase worth hundreds of millions in Bitcoin.
- Sora Ventures aims to link Asian treasuries with international ones for greater synergy.
- Institutional investors across Asia are backing the fund, signaling a new phase of adoption.
According to the firm, the treasury will not only buy Bitcoin at scale but also create bridges between national and international treasuries. The goal is to position Bitcoin more firmly as a reserve asset across global markets.
Partner Luke Liu emphasized the importance of this initiative:
“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.”
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Jason Fang, founder and managing partner of Sora Ventures, highlighted that Asia’s Bitcoin adoption has often been fragmented compared to the U.S. and Europe, where institutions have already built strong treasury positions.
“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. This is the first time in history that institutional money has come together, from local to regional, and now to a global stage.”
The $1B treasury fund represents one of the strongest institutional moves toward Bitcoin in Asia to date. With treasuries gaining traction as a way for companies and governments to hold BTC on their balance sheets, Sora Ventures’ initiative could inspire similar moves from financial entities across the region.