Sora Ventures on Thursday unveiled a new Bitcoin treasury fund in Taipei during Taipei Blockchain Week. The fund starts with $200 million pledged by regional partners and investors. 

Its goal is to buy $1 billion of Bitcoin over the next 6 months. The move is meant to pool institutional capital and to support existing and new Bitcoin treasury firms across Asia.

Sora’s leaders say the plan will link local treasuries and bring in outside institutions to grow Asia’s presence in corporate Bitcoin holdings.

Fund aims and structure

The fund will act as a central pool of capital rather than a single company holding Bitcoin on its own books. Sora’s team intends to use the money to back and scale regional treasury firms. The fund will also help seed new treasuries that follow the same model. 

Organisers said this approach should create a network effect across markets while giving smaller treasury firms access to larger capital sources.

Sora has already worked with Asia’s pioneer treasuries. In 2024, the firm invested in Metaplanet in Japan. In 2025, it moved to acquire Moon Inc. in Hong Kong and DV8 in Thailand. 

The group also partnered in the purchase of BitPlanet in South Korea. Those deals are meant to replicate a treasury model across several markets so that the fund can plug capital into proven players.

Also Read: Nasdaq-listed GD Culture Group Plans to Sell Up to $300M in Shares to buy Bitcoin

Why Asia matters now?

Until recently, the biggest corporate Bitcoin treasuries were mainly in the U.S. Sora’s founders say Asia has grown into a major market for blockchain and crypto technology. 

The new fund is a bet that institutional money in the region will now back Bitcoin on a larger scale. Sora’s leaders view the fund as the first time regional capital has come together to back a coordinated push for Bitcoin treasuries in Asia.

The plan could change how institutions treat Bitcoin, and by giving firms a shared source of capital, the fund may make it easier for companies and public firms in the region to build Bitcoin reserves. It also creates a pathway for capital to move between local treasuries and wider markets.

Leadership and strategic moves

Sora’s management team will run the fund and bring in new institutional partners. Jason Fang, Sora’s founder and managing partner, has taken on extra roles linked to the group’s plans. 

A few days ago, he was named CEO of DV8 Public, a Thailand-listed firm that is shifting strategy. The board of DV8 also added Thai investor Chatchaval Jiaravanon as chairman. Those moves signal a coordinated effort to align corporate treasury strategies with the fund’s goals.

At a separate event, Jason Fang presented a regional take on the MicroStrategy 2.0 approach. He outlined ways to generate Bitcoin yield through structured products and other methods tailored for Asia. 

Sora says that approach could offer institutions options to earn returns on Bitcoin holdings while maintaining treasury exposure.

How the fund fits with existing treasuries

Other firms in Asia already hold Bitcoin on their balance sheets. Japan’s Metaplanet, Hong Kong’s Moon Inc, Thailand’s DV8 and South Korea’s BitPlanet all keep Bitcoin directly. 

Sora’s fund will not replace those treasuries. Instead, it aims to be a shared capital source that supports them and helps create more similar treasuries elsewhere.

The fund’s backers hope the pooled model will let institutions scale faster. It should also make it simpler to coordinate cross-border activity and to offer larger allocations to corporate balance sheets.

Wider market implications

If the fund reaches its $1 billion buying target, it would be a major vote of confidence for Bitcoin as a reserve asset in Asia. 

That could nudge more companies and investors to consider Bitcoin for treasury use. It might also encourage more regulated and institutional flows into the market.

The next months will show how quickly the fund can deploy capital and how the new and existing treasury firms use the money. Success may spur similar funds in other regions.

Also Read: Sora Ventures to Go Public via Partnership with NASDAQ-Listed Top Win, Rebrands to “AsiaStrategy”