Bangkok-based Kliff Capital has invested $3 million in Asia-focused blockchain investment firm Sora Ventures to support the scaling of Bitcoin-centric corporate treasury models across key Asian markets. The collaboration aims to deepen Sora Venture’s MicroStrategy 2.0 playbook and expand institutional adoption of Bitcoin as a strategic reserve asset in Japan, Hong Kong, Thailand, Taiwan, and South Korea. Sora Ventures Managing Partner Jason Fang emphasizes the potential upside of bringing the Bitcoin treasury strategy to Asia and is excited to work with Kliff Capital to expand their playbook in Southeast Asia.
Sora Ventures, founded in 2018, has established itself as a leading Asia-based investor in Bitcoin infrastructure and Layer 1 applications. With over 30 portfolio companies focused on Bitcoin-related developments, the firm has launched specialized funds such as the $3 million Runes Liquid Fund targeting Bitcoin-native protocols. Sora’s strategic partnership with Metaplanet, a Tokyo Stock Exchange-listed company, demonstrated the success of its MicroStrategy model in integrating Bitcoin into corporate treasury and resulting in a stock price surge. The firm’s approach goes beyond holding BTC on balance sheets to introducing structured products to generate yield from Bitcoin reserves.
Kliff Capital’s investment in Sora Ventures aligns with the trend of institutional interest in blockchain finance shifting towards structured financial applications. The investment supports Sora’s regional expansion plans and brings both capital and strategic alignment to their efforts. Sora’s approach includes tailored treasury strategies for different Asian markets, considering regulatory diversity. For example, in Japan, compliance with specific custody and reporting guidelines is essential for structured treasury strategies, whereas markets like Thailand and Hong Kong have different institutional requirements and investor protections.
Sora Ventures is positioning itself as a bridge between traditional finance and blockchain-native reserve strategies by localizing its Bitcoin treasury frameworks in Asian markets. The firm’s partnership with Kliff also supports its push into financial product development, including a forthcoming Bitcoin-listed proxy product designed to mitigate custodial risk and enhance liquidity for retail investors. The deal highlights the growing trend of integrating Bitcoin into structured corporate finance as a reserve hedge rather than a volatile commodity, reflecting a broader shift towards Bitcoin normalization within traditional capital markets.
With Kliff Capital’s investment, Sora Ventures aims to advance decentralized science (DeSci), organize major Bitcoin conferences in Taipei, and develop financial vehicles that enable seamless Bitcoin exposure across retail and institutional segments. The strategic partnership between Kliff Capital and Sora Ventures underscores the growing recognition of Bitcoin as a foundation for corporate treasury modernization and shapes the future of the industry.
