South Korea’s Bitplanet has unveiled plans to launch the nation’s first institutional-grade Bitcoin treasury with a $40 million allocation. Speaking at Bitcoin Asia 2025, Paul Lee, Co-Founder of Lobo Ventures, said the initiative will establish a custody and asset management platform, aiming to make Bitplanet South Korea’s first global institutional Bitcoin financial company. Lee emphasized that the capital deployment was structured without debt, ensuring flexibility and long-term resilience.
Bitplanet’s rebranding from SGA marks a strategic shift toward deeper blockchain adoption, supported by Asia Strategy Partners, its largest shareholder. The firm already has a track record of holding significant BTC in its treasury, which experts see as a strong foundation for the move. With $40 million set for immediate deployment, the initiative reflects a transparent roadmap combining treasury management expertise with institutional crypto growth. Observers believe this step could accelerate South Korea’s integration into the global Bitcoin economy.
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