South Korea’s Bitplanet Launches $40 Million Bitcoin Treasury for Institutional Adoption

South Korea is taking a significant step towards institutional adoption of Bitcoin with the launch of its first ever institutional Bitcoin treasury by Bitplanet, a leading player in the cryptocurrency market. The company has announced an investment of $40 million into Bitcoin (BTC) at the Bitcoin Asia 2025 conference, led by Paul Lee of Lobo Ventures. This move signals the growing appetite for Bitcoin among institutional investors, with South Korea’s Bitplanet aiming to pave the way for similar strategies across Asia as regulatory landscapes and crypto interest continue to evolve.