Sora Ventures announced a $1 billion Bitcoin treasury fund to be acquired within six months. The fund is backed by a $200 million capital commitment from institutional partners to accelerate Bitcoin adoption among corporate treasuries.

Unlike regional efforts, Sora Ventures aims to create a centralized institutional Bitcoin pool across Asia and beyond to support existing firms and promote Bitcoin treasuries globally.

Japan’s Metaplanet remains Asia’s largest corporate Bitcoin holder with 20,000 BTC worth $2.2 billion. Other major BTC holders in Asia include Cango Inc. with over $570 million and Bitfufu with more than $200 million in Bitcoin.

Read more at Cointelegraph: Sora Ventures Launches $1B Bitcoin Treasury Fund