According to BlockBeats, Sora Ventures has announced its intention to establish a $1 billion fund aimed at investing in Bitcoin reserve companies across Asia. The venture capital firm revealed in a press release on Friday that it plans to raise the full amount within the next six months. Currently, Sora Ventures has secured an initial commitment of $200 million from regional partners and investors.
The fund will focus on companies headquartered in Asia that hold Bitcoin on their balance sheets. This investment strategy has been gaining traction among publicly listed companies in Japan, Hong Kong, Thailand, and South Korea in recent years.
