Sora Ventures Launches Asia's First $1 Billion Bitcoin Treasury Fund

Sora Ventures announced Asia's first $1 billion Bitcoin treasury fund during Taipei Blockchain Week on Friday. According to Cointelegraph, founder Jason Fang unveiled the initiative aimed at accelerating Bitcoin adoption among corporate treasuries across the region. The fund has secured $200 million in capital commitments from institutional partners throughout Asia.

The venture capital firm plans to acquire the full $1 billion worth of Bitcoin within six months. Fang described the effort as the first time institutional money has come together at this scale in Asia, from local to regional and now to global stages. Unlike individual Bitcoin treasury firms that hold assets directly on their balance sheets, Sora's vehicle will function as a centralized institutional pool designed to support existing firms and fuel similar treasury creation worldwide.

Fund Addresses Fragmented Regional Bitcoin Adoption

The treasury fund targets a gap in Asian Bitcoin adoption that has remained scattered compared to coordinated efforts in the United States and Europe. Sora Ventures has already invested in several regional Bitcoin treasury pioneers, including Japan's Metaplanet, Hong Kong's Moon Inc., Thailand's DV8, and South Korea's BitPlanet.

Japan's Metaplanet remains Asia's largest corporate Bitcoin holder with 20,000 BTC worth approximately $2.2 billion at current market prices. Other major Asian corporate holders include Cango Inc. with over $570 million in Bitcoin and Bitfufu holding more than $200 million. Sora's fund aims to create synergies between regional and international treasuries, strengthening Bitcoin's role as a reserve asset across global markets.

The initiative comes as institutional Bitcoin adoption accelerates globally. We previously reported that 15 US states are moving forward with plans for Bitcoin reserves, with Pennsylvania, Arizona, and New Hampshire proposing allocations up to 10% of public funds for Bitcoin purchases.

Corporate Treasury Trend Gains Institutional Momentum

Sora's announcement reflects broader corporate treasury adoption patterns that have gained significant momentum in 2025. Crypto.com research shows that over 90 public companies globally now hold Bitcoin on their balance sheets, with the United States leading both corporate and government adoption efforts.

The fund builds upon proven strategies from companies like Strategy, formerly MicroStrategy, which holds 553,555 BTC as of April 2025. Corporate Bitcoin treasuries have demonstrated mixed but generally positive stock performance, with companies pursuing goals including inflation hedging, portfolio diversification, and brand differentiation. The growing acceptance of Bitcoin in traditional finance, evidenced by endorsements from financial institutions and governments, suggests a maturing market for institutional adoption.

Blockworks data reveals that corporate crypto treasuries have expanded beyond Bitcoin, with firms now holding more than $90 billion in BTC, $12 billion in ETH, and nearly $1 billion in SOL. Aggregate market cap of crypto treasury companies has exceeded $100 billion in market value, with some firms allocating more than 80% of total assets to cryptocurrencies.

The launch positions Asia as a serious competitor in the global Bitcoin treasury landscape, potentially setting precedent for broader institutional adoption across the region. Luke Liu, Partner at Sora Ventures, stated this represents the first time Asia has seen a commitment of this magnitude toward building a network of Bitcoin treasury firms.