Taiwan-listed Falcon Power Co. Ltd. (TWSE: 1516), a leading energy materials trading company, has appointed Jason Fang, Founder and Managing Partner of Sora Ventures, as its new Chairman.
Falcon Power (川飛能源股份有限公司), founded in 1986, has evolved from bicycle component manufacturing into a company focused on the global distribution of energy-related materials and electronic components. Today, the company derives the majority of its revenue from electronic components used in electric vehicle batteries.
“I am honored to be appointed Chairman of Falcon Power. I look forward to bringing the perspective and resources I have gained over the past decade in blockchain and digital assets globally into my new role, while supporting Falcon Power in strengthening its core operations and exploring ways to create value for shareholders,” said Jason Fang.
About Sora Ventures and Investment in Taiwan
Founded in early 2018, Sora Ventures has deployed more than $100 million into 150+ Web3 companies, with a recent focus on bitcoin treasury companies across Asia.
Headquartered at Taipei 101, Sora Ventures has been an early contributor to Taiwan’s Web3 ecosystem, investing millions in Taiwanese companies and entrepreneurs, and, more recently, hosting Sora Summit 2023 in Taipei, one of Asia’s earliest bitcoin conferences.
Apart from Falcon Power, Jason Fang also serves as Chairman of AsiaStrategy (NASDAQ: SORA), Bitplanet (KOSDAQ: 049470, South Korea), DV8 (BKK: DV8, Thailand), and Moon Inc. (HKG: 1723, Hong Kong). He also served on the board of Metaplanet (TYO: 3350, Japan), where he was instrumental in establishing Asia’s first dedicated Bitcoin Treasury model, similar to Strategy (formerly MicroStrategy).