Saison Capital Launches $50 Million Blockchain Fund Onigiri Capital

Saison Capital Launches $50 Million Blockchain Fund Onigiri Capital

Credit Saison’s Onigiri Capital has raised $35 million toward a $50 million target, focusing on real-world asset tokenization, DeFi, and cross-border financial infrastructure between the U.S. and Asia.

Fact Check
All provided sources, including credible outlets like Yahoo Finance, The Block, and Cointelegraph, unanimously confirm that Saison Capital has launched a blockchain investment fund named Onigiri Capital. The evidence consistently states the fund's target size is $50 million, with several sources clarifying that $35 million has been secured in initial commitments.
    Reference123
Summary

Credit Saison announced the launch of Onigiri Capital, a new blockchain-focused venture fund targeting $50 million, with $35 million already secured. The fund, backed by Credit Saison and other investors, will focus on startups developing stablecoins, tokenization platforms, payment infrastructure, and DeFi products. Led by managing partners Qin En Looi and Hans de Back, Onigiri Capital aims to connect U.S. founders with Asia’s growing digital asset markets through Credit Saison’s financial networks across Japan, Korea, Singapore, Malaysia, Indonesia, and the Philippines. The initiative comes amid a downturn in crypto venture capital activity, with global fundraising falling sharply from its 2022 peak.

Terms & Concepts
  • Stablecoin: A type of cryptocurrency whose value is pegged to a stable asset, such as a fiat currency or commodity, to reduce volatility.
  • DeFi: Decentralized Finance, a blockchain-based form of finance that removes intermediaries by enabling peer-to-peer transactions through smart contracts.
  • Asset Tokenization: The process of converting rights to a real-world asset into a digital token on a blockchain.