BlockBeats News, September 15th, according to techinasia report, Saison Capital, the venture capital arm of Japan's Credit Saison, announced the establishment of a blockchain-focused investment fund named Onigiri Capital with an initial target size of $50 million.
The fund has currently received $35 million in funding commitments and will focus on investing in early-stage startups developing real-world asset (RWA) solutions such as stablecoins, payments, asset tokenization, DeFi, and financial market infrastructure.
Onigiri Capital is co-led by Qin En Looi and Hans de Back, both of whom possess extensive experience in fintech and digital asset investment across Asia. The fund plans to leverage Credit Saison's network resources in Japan, South Korea, Singapore, Malaysia, Indonesia, and the Philippines to build a bridge between U.S. startups and the Asian cryptocurrency community and financial institutions.