Sora Ventures announces $1 billion fund to support Bitcoin reserve firms in Asia

Crypto venture capital firm Sora Ventures recently announced the establishment of a $1 billion fund focused on investing in Asian companies holding Bitcoin on their balance sheets.

According to an official statement released by the company on Friday, the fund is expected to close within the next six months and has already secured initial commitments of $200 million from regional partners and investors.

The fund's investment strategy focuses on companies headquartered in Asia that publicly hold Bitcoin as a treasury reserve asset. This practice has been gaining traction among many publicly listed companies in the Asia-Pacific region in recent years, particularly in Japan, Hong Kong, Thailand, and South Korea.

Through this fund, Sora Ventures aims to further promote Bitcoin as a key component of corporate asset allocations and support the adoption of cryptocurrencies as a store of value and inflation hedge.

This development reflects the growing importance of cryptocurrencies in corporate financial strategies and demonstrates Asia's leading position in digital asset adoption and innovation. Sora Ventures stated that it will not only provide financial support but also provide strategic resources to its portfolio companies in areas such as Bitcoin custody, on-chain financial management, and blockchain infrastructure development, helping them modernize and diversify their financial structures.