Sora Ventures to Buy $1B in Bitcoin With New Treasury Fund

Sora Ventures to Buy $1B in Bitcoin With New Treasury Fund

The fund aims to strengthen Asia's network of bitcoin treasury firms, and has secured $200 million from investors in the region.

Sora Ventures Launches $1 Billion Bitcoin Treasury Fund with $200M in Commitments

Quick take:  The fund plans to buy $1 billion worth of Bitcoin within the next six months. Sora Ventures won’t hold the BTC on its balance sheet; it will create a central pool of institutional capital to support Bitcoin treasury firms like Metaplanet, Moon, DV8, and BitPlanet. Sora Ventures is the parent company of Hong Kong-based Moon Inc., DV8 in Thailand, and a joint owner of BitPlanet. Hong Kong-based crypto venture firm, Sora Ventures, has…

Sora Ventures founder unveils Asia's first $1 billion Bitcoin treasury fund

Sora unveils $1 billion Bitcoin fund with $200 million already committed

The post Sora unveils $1 billion Bitcoin fund with $200 million already committed appeared on BitcoinEthereumNews.com. Sora Ventures launched a Bitcoin treasury fund targeting $1 billion in purchases within six months, according to a company statement delivered at Taipei Blockchain Week in Taipei on Sept. 5. The firm said partners and regional investors have committed $200 million at launch, with the vehicle designed as a pooled source of instit…

Sora Ventures announces $1B Bitcoin treasury fund

Sora Ventures’ Jason Fang unveiled a $1 billion Bitcoin treasury fund plan at the Taipei Blockchain Week.

Asia Bitcoin Fund Launches $1B to Support Corporate Adoption

Sora Ventures has made a big move for Asia’s crypto scene, as reported by wu Blockchain. The investment firm launched Asia’s first $1 billion Bitcoin treasury fund at Taipei Blockchain Week. It already has $200 million in initial backing and plans to buy $1 billion worth of Bitcoin in the next six months. The goal is simple: to help companies across Asia adopt Bitcoin as part of their treasury. This is a clear sign that corporate interest in Bit…