ChainCatcher news, according to The Block, the venture capital arm of Japanese financial giant Credit Saison will launch a blockchain investment fund called Onigiri Capital.
The fund has a scale of $50 million, aiming to build an institutional-level bridge between U.S. innovation and Asia's mature blockchain and financial networks, helping founders create global financial products. According to a spokesperson, Onigiri is backed by Saison Capital and has raised $35 million through "joint investment from Credit Saison and external investors." The fund's maximum limit is $50 million, with the possibility of accepting additional capital. The fund will focus on early-stage startups in the real-world asset sector, covering financial infrastructure such as stablecoins, payments, tokenization, and DeFi, with particular attention to connections with Asia. Credit Saison is a large financial services company based in Tokyo, affiliated with Mizuho Financial Group, and is the third-largest credit card issuer in Japan. It is also involved in multiple business sectors, and its venture capital arm has been investing in cryptocurrency companies since 2023.
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