Sora Ventures, a Taiwan-based investment firm, has unveiled Asia’s first dedicated Bitcoin (BTC) treasury fund. The firm plans to deploy the fund’s proceeds to purchase BTC over the next six months.

Sora Ventures Launches Massive Bitcoin Treasury Fund

Speaking at Taipei Blockchain Week, Sora Ventures announced its goal of raising up to $1 billion for BTC acquisitions within the next six months. The firm has already secured $200 million in initial commitments from regional partners.

Sora’s new fund follows the trend of individual Bitcoin treasury firms that have gained prominence in Asia over the past year or so, such as Japan’s Metaplanet , Hong Kong’s Moon Inc., Thai firm DV8, and South Korea-based BitPlanet, to name a few.

However, unlike the aforementioned firms – which

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