Isabella García
Taiwan-based Sora Ventures revealed on Friday that it is preparing a $1 billion investment fund dedicated to supporting Bitcoin treasury companies across Asia. The firm has already locked in $200 million in initial commitments from strategic partners and institutional investors, with the goal of completing the fundraising within the next six months.
The new fund will target companies in Japan, Hong Kong, Thailand, and South Korea that are adding Bitcoin to their balance sheets — a trend gaining momentum globally. While U.S. and European firms have been at the forefront of this strategy, Asia’s progress has so far been described as “fragmented.”
“This marks the first time institutional capital in Asia is uniting to support Bitcoin treasuries on a regional and global level,” said Jason Fang, founder and managing partner of Sora Ventures.
Building on Previous Bitcoin Investments
This initiative extends Sora Ventures’ history of strategic acquisitions and Bitcoin-focused investments. In April 2024, the firm backed Japan’s Metaplanet in its ¥1 billion ($6.6 million) Bitcoin purchase, reinforcing the company’s pivot toward digital assets.
Earlier this year, Sora Ventures also acquired Hong Kong’s Moon Inc., which has since rebranded from HK Asia Holdings and shifted toward Bitcoin and Web3-focused ventures.
Expansion Into Southeast Asia and Korea
Sora Ventures has been expanding its influence across Asia through bold acquisitions. In July 2024, the firm led a consortium takeover of Thai retailer DV8, aiming to replicate Metaplanet’s Bitcoin treasury model in Southeast Asia. That same month, Sora and its partners secured a controlling stake in South Korea’s BitPlanet, enabling the company to pursue aggressive growth in the digital asset sector.
