124 views
Photo from Unsplash by Markus Winkler.

Credit Saison VC arm launches $50m blockchain investment fund

The fund aims to fund startups building solutions in the blockchain sector.

Singapore-headquartered venture capital firm Saison Capital has announced the launch of Onigiri Capital, a $50m blockchain investment fund focusing on funding startups building real-world asset solutions across key sectors of the blockchain sector like stablecoins, payments, tokenised assets, DeFi, and financial markets infrastructure.

The launch comes as blockchain venture capital funding rebounds, reaching its highest levels this year since 2022. Real-world asset tokenisation is expected to reach $10t in market value by 2030, with major institutions such as BlackRock and Goldman Sachs in the U.S., and MUFG and Bank of China in Asia, already taking steps to integrate blockchain into their traditional finance infrastructure.

The fund is co-led by Qin En Looi of Saison Capital and Hans de Back of Onigiri Capital. It uses the network of Saison Capital’s parent, Credit Saison Group, together with other financial institutions in Japan, Korea, Singapore, Malaysia, Indonesia and the Philippines, to give portfolio companies access to banks, asset managers and insurers across Asia.

The fund has already secured $35m to date.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.