TechFlow news, September 5 — According to Bitcoin Magazine, during Taipei Blockchain Week, Sora Ventures announced the launch of a Bitcoin reserve fund. The fund has secured $200 million in committed capital from partners and investors across Asia and plans to purchase $1 billion worth of Bitcoin within the next six months.
The report notes this move as a significant development following Asian Bitcoin reserve initiatives such as Japan's Metaplanet, Hong Kong's Moon Inc., Thailand's DV8, and South Korea's BitPlanet. Unlike these companies, which directly hold Bitcoin on their balance sheets, Sora Ventures' reserve fund will serve as a centralized institutional pool designed to support existing enterprises and promote the establishment of similar reserve funds globally.
