Asia Unveils First $1 Billion Bitcoin Treasury Fund

Sora Ventures has launched Asia’s inaugural Bitcoin treasury fund at Taipei Blockchain Week, marking a major milestone for the region’s institutional adoption of the cryptocurrency. The $200 million fund aims to acquire one billion dollars worth of Bitcoin within six months through a centralized pool of institutional capital. This initiative distinguishes it from existing firms in Asia like Metaplanet, Moon Inc., DV8, and BitPlanet, which hold Bitcoin directly on their balance sheets.