Sora Ventures has launched a dedicated Bitcoin treasury fund, unveiled during Taipei Blockchain Week. The venture capital firm has secured an initial commitment of $200 million from regional partners and investors, aiming to acquire $1 billion worth of Bitcoin in the next six months. This initiative represents a marked departure from previous Asian Bitcoin treasury strategies, which typically involved individual companies accumulating Bitcoin on their balance sheets. Notable firms such as Metaplanet in Japan, Moon Inc. in Hong Kong, DV8 in Thailand, and BitPlanet in South Korea have traditionally followed this path.
The new fund is positioned as a centralized pool of institutional capital, aimed at fostering collaboration between regional and global treasury strategies and enhancing Bitcoin’s role as a reserve asset. Luke Liu, a partner at Sora Ventures, described the launch as a landmark event, unprecedented in terms of the scale of commitment toward building a network of Bitcoin treasury firms in Asia.
Historically, significant Bitcoin treasury initiatives have been spearheaded in the United States, with corporate giants driving adoption. This new fund signals Asia’s intent to emerge as a formidable player in institutional Bitcoin investment. Jason Fang, founder and managing partner of Sora Ventures, highlighted the importance of addressing the previously fragmented efforts in the region, asserting that this investment brings institutional money together at a local, regional, and global level.
Over recent years, Sora Ventures has been consolidating its Bitcoin-focused strategy. In 2024, the firm invested in Metaplanet, contributing to Japan’s first publicly listed Bitcoin treasury with a $6.56 million allocation. Subsequent investments included Moon Inc. and DV8, as well as a collaboration with BitPlanet in South Korea, all aimed at replicating successful Bitcoin treasury models throughout Asia.
The $1 billion fund serves to formalize these initiatives, establishing a structural framework designed to attract further institutional partners and coordinated treasury strategies. According to Sora, this fund not only accelerates corporate Bitcoin adoption in Asia but could also serve as a model for global expansion.
Meanwhile, wealthy Asian families and their investment arms are increasingly enhancing their crypto exposure, with both private funds and public companies deepening their engagement despite recent market fluctuations. For instance, Singapore’s NextGen Digital Venture recently raised over $100 million for a crypto equity vehicle, as founder Jason Huang noted a rising interest in digital assets among family offices and fintech entrepreneurs seeking diversified portfolios.
In Japan, the corporate landscape is amplifying its Bitcoin engagement. Tokyo-listed Lib Work recently launched a $3.3 million Bitcoin treasury strategy amidst inflationary pressures and aspirations for overseas growth. Concurrently, Bakkt Holdings acquired a 30% stake in textile maker MarushoHotta for $115 million, planning to revamp it as “Bitcoin.jp” to focus on crypto treasury management.
Metaplanet Inc. is leading the corporate charge in Japan, recently disclosing a substantial purchase of 1,009 BTC, raising its total to 20,000 BTC valued at over $2.1 billion. The firm also secured shareholder approval for an overseas share sale expected to generate up to $884 million, primarily aimed at further Bitcoin acquisitions.
Additional Tokyo-listed companies have joined the movement. Remixpoint added 41.5 BTC, raising its reserve to 1,273 BTC, while fashion retailer ANAP acquired 11.68 BTC through its investment division. Agile Media Network and Def Consulting are also pursuing treasury programs.
At the Bitcoin Asia 2025 conference, Eric Trump fueled bullish sentiments by projecting that Bitcoin could reach $1 million per coin, lauding China’s emerging influence in the digital asset landscape. Data from BitcoinTreasuries highlights that Asia’s largest corporate Bitcoin holders now include Cango Inc. and Bitfufu, with holdings exceeding $570 million and $200 million, respectively.
