Bangkok-based Kliff Capital has committed $3 million to Asia-centric blockchain investment firm Sora Ventures with a move aimed at expanding its Bitcoin-centric corporate finance model across major Asian markets.
This investment supports SORA Ventures’ continued efforts to expand the institutional adoption of Bitcoin as a strategic reserve asset, particularly among publicly listed companies.
This collaboration is aimed at deepening Sora Venture’s MicroStrategy 2.0 Playbook. This modelled on the strategically high-profile Bitcoin program and will adapt to regional regulatory frameworks in Japan, Hong Kong, Thailand, Taiwan and South Korea.
Sora Ventures launched a $150 million fund earlier this year, designed to advance Bitcoin-based financial management in these jurisdictions, highlighting a bespoke structure tailored to individual market capabilities. Jason Fang, managing partner at SORA Ventures, said in a statement.
“With past experiences in Japan and Hong Kong, bringing the Bitcoin Treasury strategy to Asia has a great advantage. We are excited to work with Kliff Capital on this journey to expand our Southeast Asian playbook.”
Focus on institutional Bitcoin adoption
Founded in 2018, SORA Ventures has established itself as a leading Asia-based investor in Bitcoin infrastructure and Layer 1 applications. To date, there have been over 30 portfolio companies focusing on Bitcoin-related development.
That emphasis remains consistently in the revival of high convictions within the Bitcoin ecosystem, including launching specialized funds such as the $3 million Runes Liquid Fund targeting Bitcoin native protocols.
The company’s strategic partnership with Metaplanet, listed on the Tokyo Stock Exchange, highlighted the potential impact of its approach. Metaplanet merged Bitcoin with the Treasury earlier this year, resulting in a dramatic surge in stock prices. This success story demonstrated the market acceptability of Bitcoin adoption under a clearly communicated and clearly constructed financial strategy based on the SORA adaptation of the MicroStrategy model.
As Cryptoslate previously reported, SORA Ventures’ so-called “MicroStrategy 2.0” framework introduces structured products to not only retain BTC on the balance sheet, but also generate yields from Bitcoin reserves. The strategy includes regulatory alignment tools that cater to both institutional partners and retail investors seeking exposure without the complexity of detention.
Kliff Capital’s investments arrive as institutional benefits on blockchain finance continue to move from speculative ventures to structured financial applications. Kliff brings both capital and strategic alignment to SORA’s regional expansion plans, beyond the $100 million already deployed in a variety of asset classes.
Customized strategies for regulatory diversity
While Bitcoin remains a global asset, Asian jurisdictions have a very different regulatory stance on digital assets. SORA’s regional strategy explains this fragmentation by providing a customized structure for each market.
For example, in Japan, where digital assets are regulated under the Payment Services Act, structured financial strategies require compliance with certain custody and reporting guidelines. In contrast, markets such as Thailand and Hong Kong present a variety of institutional requirements and a set of investors’ protections.
By localizing the Bitcoin Treasury framework, Sora has established itself as a bridge between traditional finance and blockchain native reserve strategies. The company has also expanded its footprint to corporate governance. As reported by Cryptoslate, he recently joined the HK Asia Holdings board with BTC Inc. to further integrate the region’s open market leadership and financial strategy.
The partnership with Kliff supports SORA’s continued push to financial product development. This includes Bitcoin List proxy products designed to mitigate custody risks, increase liquidity and simplify trade dynamics for retail investors.
Kliff Capital Founding Partner Kip Tiaviwat, PhD, commented.
“With our proven track record and a large industry network, Sora is the ideal partner to drive advance projects that will shape the future of our industry.”
Broader impact on Bitcoin as a corporate asset
The transaction highlights a broader trend in the adoption of institutional digital assets. While much of the industry’s early growth revolved around speculative trading and decentralized finance, the current focus is increasingly changing to integrating Bitcoin into structured corporate finance.
SORA Ventures’ Asia-specific approach reflects the trend towards normalising of Bitcoin in traditional capital markets through financial management strategies that reconstruct assets as reserve hedges rather than particularly unstable products.
With each Cryptoslate, SORA’s future roadmap includes advances in Decentralized Science (DESCI), holding major Bitcoin conferences in Taipei, and developing financial vehicles that allow seamless Bitcoin exposure across retail and institutional segments.
This investment will make Kliff Capital a strategic contributor to its roadmap, consistent with the chorus of institutional actors who view Bitcoin as a foundation for corporate financial modernization, rather than just an asset class.
Transparency Disclaimer: SORA Ventures is an investor in Cryptoslate.
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