Sora Ventures, a Taiwan-based investment firm, has unveiled Asia’s first dedicated Bitcoin (BTC) treasury fund. The firm plans to deploy the fund’s proceeds to purchase BTC over the next six months.
However, unlike the aforementioned firms – which hold BTC directly on their balance sheets – Sora’s treasury fund will operate as a central pool of institutional capital. Its dual purpose is to support existing Bitcoin treasury firms and foster the development of similar entities worldwide.
The fund seeks to position Bitcoin as a global reserve asset by creating synergies between Asian and international treasury players. To achieve this, Sora’s management team plans to onboard additional institutional partners.
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 US 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.
Notably, Sora Ventures has previously backed this trend. In 2024, the firm invested in Metaplanet to support its $6.5 million BTC allocation, and earlier this year, it acquired both Moon Inc. and DV8.
Sora’s announcement of a near $1 billion Bitcoin purchase has reignited bullish sentiment, with many expecting fresh all-time highs. To recall, BTC’s most recent peak was $124,128 on August 14.