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A Bitcoin-native investor consortium, including Sora Ventures and Metaplanet CEO Simon Gerovich, has acquired Seoul-based KOSDAQ-listed software provider SGA Co. The deal, valued at $25 million, signals a strategic push into digital assets and Southeast Asian markets.
- The consortium includes Sora Ventures, Metaplanet CEO Simon Gerovich, and Korean PE firm KCGI.
- SGA Co. will issue 58.8 million new shares, raising $25M, with AsiaStrategy as the largest holder.
- The group aims to expand Bitcoin adoption in Southeast Asia, targeting markets like the Philippines and Vietnam.
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