Taiwan -based crypto money venture capital company Sora VenturesBitcoin in Asia 
$0.000015 Treasury announced that it will establish a fund of $ 1 billion in order to invest in its companies. The company aims to reach this size within six months and received $ 200 million commitment from regional partners in the first stage.
The goal of the fund to be established
Bitcoin MagazineAccording to the statement made by Sora Ventures, the Fund will be directed to companies that have Bitcoin in Asia -based and balance sheets. This approach recently Japan, Hong Kong, Thailand And South Koreahas become a strategy that companies traded on the stock market began to adopt. Founder and Manager Partner of the Company Jason FangIn the US and Europe, corporate investors’ interest in Bitcoin treasures has increased, and in Asia, these initiatives remain more fragmented.
When the fund is achieved by a target of 1 billion dollars, the companies in the region Bitcoin It will create a new resource to increase their investments. Thus, the share of crypto currencies in the balance sheets of Asia -based companies may become more visible.
Past Investments of the Fund
Sora Ventures’ new funding plan is being built on the previous steps. Japan based in April 2024 MetaplanetInvesting in the company’s 1 billion Japanese new Bitcoin purchase was supported. Hong Kong based in the same year Moon Purchased and the company, with Bitcoin Web3 He turned to his investments.
Thai Electronic Retailer in July DV8was pioneered by the acquisition of the purchase. This purchase was aimed at implementing the model in Japan in Southeast Asia. South Korea -based in the same period Bitelanet‘s control shares were also taken. All these investments contributed to the expansion of regional Bitcoin Treasury companies in the crypto currency area.
According to CoinMarketcap data, Bitcoin is traded at $ 112,369 with an increase of 1.22 percent in the last 24 hours.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
