"Today, Sora Ventures announced the launch of Asia's first Bitcoin treasury fund, unveiled during Taipei Blockchain Week. The fund, backed by a $200 million commitment from partners and investors across the region, aims to purchase $1 billion worth of Bitcoin within the next six months, according to a press release sent to Bitcoin Magazine. This new fund follows the individual Bitcoin treasury firms that have emerged across Asia in recent years -"
"By doubling down on Asia's early Bitcoin treasury pioneers while expanding outward, the fund aims to create synergies between regional and international treasuries, strengthening Bitcoin's role as a reserve asset across markets. Led by Sora Ventures' management team, the initiative will also bring in new institutional partners to broaden resources and expand the network of Bitcoin treasury companies operating in Asia."
Sora Ventures launched Asia's first Bitcoin treasury fund during Taipei Blockchain Week, backed by a $200 million commitment from regional partners and investors. The fund plans to purchase $1 billion worth of Bitcoin within six months and will serve as a central pool of institutional capital to support existing Asian Bitcoin treasury firms and to fuel new treasuries globally. The initiative seeks to create synergies between regional and international treasuries, strengthen Bitcoin's role as a reserve asset, and attract new institutional partners to broaden resources and networks. The effort complements existing corporate treasuries in Japan, Hong Kong, Thailand, and South Korea.
Read at Bitcoin Magazine
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