AsiaStrategy is a Hong Kong based digital asset company (Nasdaq SORA). Anchorage DigitalAs its primary custodian, and provider of settlement infrastructure, it will be the United States’ first chartered federal crypto bank.
The partnership marks a major step in AsiaStrategy’s cross-border Bitcoin treasury strategy across the US–Asia corridor.
AsiaStrategy announced the partnership and disclosed it had purchased 30 Bitcoins on September 30, as per a news release that was shared by Bitcoin Magazine.
“Working with Anchorage Digital enables AsiaStrategy to further advance our Bitcoin treasury strategy across the region, backing our ongoing expansion and ensuring we have the custody infrastructure to scale securely,” Luke Liu is the Chief Investment Officer at AsiaStrategy.
Luxury watches and digital technology
AsiaStrategy, founded in 2001 initially specialized on the trading and distribution of luxury watches. The firm will rebrand in May 2025 to exclusively focus on blockchain and digital assets, positioning themselves as the pioneering institution player for bitcoin treasury throughout Asia.
“Following our rebranding to focus on the digital asset innovation era, we purchased 30 BTC through the Anchorage Digital platform, reinforcing our aggressive push to lead Bitcoin treasury strategy in Asia,” Liu said.
Anchorage Digital provides institutions The company offers a full range of services such as trading, staking (holding), custody, governance and settlement.
This collaboration allows AsiaStrategy to use Anchorage Digital’s infrastructure securely for cross-border bitcoin transactions, which will enable efficient custody and settlement within the U.S.
It said its plan includes additional bitcoin purchases as part its strategy to build a substantial institutional presence in the crypto ecosystem of the region.
Sora Ventures announced earlier this month that it had raised $1 million in funding. launched “Asia’s first Bitcoin treasury fund,” With the help of $200 million in regional funding, they aim to buy $1 billion worth of bitcoins over the next 6 months.
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Source: bitcoinmagazine.com
