Taiwan’s WiseLink has become the first public company on the island to back a firm focused on Bitcoin treasury holdings, signalling a new phase of digital asset adoption in the region.
The electronics manufacturer spearheaded a $10 million funding round for Top Win International, listed on Nasdaq as SORA, through a three-year convertible note.
The partnership also formalises a capital and technology collaboration under the “Bitcoin + Cross-Border Finance” framework.
Tsai Kun Huang, CEO of WiseLink, told Decrypt,
“We believe now is the golden window to implement a Bitcoin capital strategy.”
Huang highlighted global monetary easing and rising geopolitical uncertainty as key factors prompting the search for “decentralized, scarce, and inflation-resistant assets,” with Bitcoin being the most mature option available.
The convertible note structure allows WiseLink to initially act as a creditor, protecting principal while earning fixed income, with the option to convert into equity later.
Huang explained,
“It locks in our strategic partnership position today, while giving us the ability to turn into a shareholder once market conditions and company performance are validated.”
Top Win, a Hong Kong-based luxury watch trader, is rebranding to “AsiaStrategy” as part of its expansion into digital assets.
Jason Fang, founder and managing partner at Sora Ventures, said,
“The future is public companies buying public companies that have exposure to digital assets!”
Top Win intends to primarily use the funds to purchase Bitcoin, with the option to selectively invest in other listed firms adopting similar treasury strategies, while confirming it will not operate as an investment company.
Top Win website
The $10 million round included contributions from Chad Koehn of United Capital Management and four other private backers.
WiseLink contributed $2 million through convertible notes, positioning itself as the lead investor while retaining flexibility.
WiseLink joins a growing number of Asian firms integrating Bitcoin into corporate reserves.
Japan’s Metaplanet has accumulated 18,113 BTC, targeting 210,000 BTC by 2027, positioning itself as “Asia’s MicroStrategy.”
South Korea’s K Wave Media partnered with Galaxy Digital, gaining access to almost $1 billion in institutional capital for its Bitcoin treasury plan.
Singapore-based Genius Group has raised its BTC target from 1,000 to 10,000, reflecting an aggressive push into digital asset reserves.
Analysts point to a quiet corporate accumulation phase, with spot ETFs and treasuries gradually buying BTC, driving prices above $118,000.
Some experts warn of a potential bubble reminiscent of the 1999 dot-com surge if corporate FOMO accelerates.
Unlike other companies turning to Bitcoin as a survival tactic, WiseLink is financially stable.
It reported positive net income in 2023 and $46 million in revenue in 2024, with trailing-12-month revenue of $53 million.
Top Win, in contrast, holds $3.8 million in working capital and $3 million in cash, and has disclosed “material weaknesses” in financial reporting.
Huang emphasised that WiseLink’s strategy is not merely to purchase Bitcoin but to integrate reserves into cross-border operations, aiming for “a dual engine of asset preservation and business innovation.”
As more firms in Asia explore Bitcoin treasury models, WiseLink’s move may inspire similar approaches, blending traditional business growth with digital asset reserves.
With careful structuring and selective partnerships, the company aims to leverage Bitcoin as both a strategic investment and a tool for business expansion, setting a precedent for other Taiwan-listed firms to follow.
Raoul Pal predicted that the number of crypto users could reach four billion by 2030, with the market potentially hitting $100 trillion by 2032. He based this on wallet growth compared to early internet adoption, though critics say wallet counts may overstate real usage.
AnaisSouth Korea’s FSC nominee, Lee Eok-won, sparked controversy by calling cryptocurrencies worthless and warning against pension fund investments. Critics say his stance ignores crypto’s real economic value and risks driving investment and talent abroad.
AnaisHollywood is making a new thriller called Killing Satoshi about the mysterious creator of Bitcoin, starring Casey Affleck and Pete Davidson. The film will explore Satoshi Nakamoto’s secrets and the global race for control over his $120 billion in untouched Bitcoin.
AnaisKidnappings, crypto manipulation and institutional corruption are no longer just the subplot of crime thrillers; they have become fixtures of our digital reality.
XingChiMetaplanet, a Japanese firm known for its aggressive Bitcoin accumulation strategy, has announced plans to raise approximately $880 million through an overseas share issuance.
XingChiThe UAE has built a Bitcoin reserve of around 6,300 BTC, worth up to $740 million, mainly through state-backed mining. This makes it one of the largest national holders, ranking just ahead of El Salvador.
AnaisA Philippine lawmaker has proposed that the central bank buy 2,000 bitcoins each year for five years, creating a national reserve of 10,000 coins. The plan aims to strengthen the country’s finances and provide a long-term store of value alongside traditional reserves like gold and foreign currency.
WeatherlyJapan plans to tax crypto profits at a flat 20% instead of rates as high as 55%. The regulator also aims to allow crypto ETFs and approve the country’s first yen-backed stablecoin.
AnaisArthur Hayes, the BitMEX co-founder pardoned by Donald Trump, has invested in a stem cell firm with clinics in Mexico and Bangkok. He is also backing crypto treasury firms while warning that the market may already be overheating.
WeatherlyA Pennsylvania lawmaker has put forward a bill to stop politicians and their families from owning or trading crypto while in office. The plan follows claims that Donald Trump has used his role to profit from tokens like his own memecoin.
WeatherlyRobert Kiyosaki predicts Bitcoin could drop to $60,000 but remains confident in its long-term potential, planning to buy more if the price falls. He forecasts Bitcoin could reach $250,000 by 2025 and even $500,000, according to an AI model.
AnaisThis funding will serve as a strategic hedge against inflation and ensure Pennsylvania's economic future.
JinseFinanceKiyosaki's insights underscore the potential for wealth creation amid economic instability. He emphasises the importance of passive income, strategic investments, and personal resilience as key components of financial success during market downturns.
Xu LinRobert Kiyosaki, known for his investment insights, urges increasing investments in Bitcoin and gold. He highlights recent institutional activities and market conditions, suggesting these assets could turn current market challenges into opportunities.
ZeZhengA viral story in Chinese social media tells of a man who discovered the 4000 bitcoins his father bought in 2015, now valued at over 2 billion RMB.
AlexAmid escalating geopolitical tensions across various regions globally, renowned investor and author of "Rich Dad Poor Dad," Robert Kiyosaki, believes this could lead to another world war, with Bitcoin likely to perform well. This acclaimed author has long recommended gold, silver, and Bitcoin.
WeiliangBitcoin’s rally has receded significantly this week, with the price down about 11% since the U.S. Securities and Exchange Commission approved the listing of a Bitcoin ETF on January 10.
JinseFinanceBlockchain Gaming Investments Surge, Web3 Sees Decline
BitcoinworldThe US SEC will go after most altcoins since they are actually securities, said Kiyosaki.
cryptopotato(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) I have very few original ideas when it comes to global macroeconomic conditions. I…
Cryptohayes