Sora Ventures, a Taiwan-based crypto venture firm, announced plans to raise a $1 billion fund aimed at boosting Bitcoin treasuries across Asia. The firm says the initiative starts with $200 million already committed by partners and investors and will seek an additional $800 million over the next six months to accumulate Bitcoin holdings and support treasury-focused companies.
Rather than operate like a single corporate holder, Sora describes the vehicle as a central pool of institutional capital designed to back existing treasury firms and help seed new ones across the region. The approach contrasts with publicly traded treasuries such as Metaplanet, which holds roughly 20,000 BTC on its balance sheet, according to the firm’s disclosure.
Sora partner Luke Liu framed the move as the largest coordinated push to build institutional Bitcoin treasuries in Asia, while founder Jason Fang said the fund aims to bring the region closer to Western markets on institutional Bitcoin adoption. Last year Sora invested in Metaplanet and participated in the acquisition of Thailand’s DV8 as part of its treasury-focused strategy.
Bitcoin treasuries have expanded since companies like MicroStrategy popularized the approach in 2020; industry data shows more than 300 entities now hold Bitcoin on their balance sheets, with roughly 3.7 million BTC accounted for by treasuries, per BitcoinTreasuries.net.
Why readers should care: a coordinated, well-funded push to create institutional Bitcoin treasuries in Asia could accelerate regional adoption, increase liquidity demand for BTC, and encourage more companies to allocate reserves to crypto. That said, investors and firms should weigh volatility, custody, regulatory uncertainty and governance risks when engaging with treasury strategies.
Source: Decrypt. Read the original coverage for full details.