Top Win International, mentioned on Nasdaq as Sora, has secured $ 10 million from a group of investors led by Wiselink. This is the first time that a Taiwanese public company has invested in a Bitcoin Treasury-oriented company.
According to the companies, the deal was carried out through a three-year convertible memorandum and is part of the “Bitcoin + Cross-Borde Finance” initiative by Wiselink.
The top win, traditionally involved in Hong Kong, traditionally involved in the trade, distribution and retailing of luxury watches, began to shift to digital assets in May 2025 through a partnership with Sora Ventures.
The company’s strategy includes keeping Bitcoin on the balance and investing in other listed companies with similar Treasury models. That pivot point followed his public list of April 2025 and Ticker change from TopW to Sora.
Wiselink, traded on the Taiwan Stock Exchange under 8932, is operation of fintech services in India and develops Saas solutions, whereby a long-term cooperation with smartphone maker Oppo is retained.
The investment of the company in top win is a strategic capital and technological cooperation aimed at integrating Bitcoin Treasury Management with cross-border financial activities. Top Win stated that it will mainly use the funds to acquire Bitcoin, with potential allocations in the stock market that strive for Bitcoin -Treasury strategies and for working capital.
The earlier movements of Top Win include the acquisition of stakes in HK Asia Holdings and Metaplanet, the latter with around 7,800 BTC with a value of around 800 million dollars. The shares of Metaplanet have been won more than 3,600% in the past year and HK Asia Holdings has supplied a fifteen -fold increase in stock value after a Bitcoin treasure box approach.
These investments match the goal of Sora Ventures to use a fund of $ 150 million to support at least ten public companies with Bitcoin Holdings by the end of 2025.
Jason Fang, co-founder of Sora Ventures, was appointed chairman and co-chief executive of Top Win at the end of May, a leadership change that was intended to stimulate the company’s blockchain and digital activation strategy. The company is planning regional expansion in markets, including Thailand, Taiwan and South Korea, with the aim of scaling Bitcoin-Centric capital allocation model.
The convertible nut financing with Wiselink adds a cross-border element to the strategy, in which the public markets of Taiwan are linked to the stated digital asset initiatives of Hong Kong. Although the specific conditions of the memorandum, including conversion price and adulthood details, have not been announced, the structure positions both companies to align long-term capital deployment in the long term to their indicated Bitcoin-Treasury goals.
The deal is expanding the capacity of TOP Win to execute its Treasury allocation plans, while Wiselink is exposed to a hybrid retail and digital asset platform.
The top win emphasizes that it is not intended to operate as an investment company under the US securities legislation, and that all activities will comply with the applicable legal requirements.
The transaction, which was closed before the announcement of 15 August, represents another step in the transition from the company from a traditional luxury goods company to an entity that balances physical retail activities with Bitcoin-oriented capital strategies.
[Disclosure: Sora Ventures is an investor in CryptoSlate.]
