Top Win International Raises $10M, Marking Taiwanese Public Company’s Entry into Bitcoin Treasury Investments

Top Win International Limited (Nasdaq: SORA), a Hong Kong-based luxury watch trading and distribution company, has successfully raised USD 10 million in funding. The investment round was led by Wiselink Co., Ltd. (TW: 8932), making it the first Taiwanese publicly listed company to invest in a Bitcoin Treasury firm. This milestone marks a significant step in the integration of traditional industries with digital asset strategies in Asia.

Wiselink’s investment was executed via a three-year convertible note, following a memorandum of understanding with Top Win. The partnership establishes a strategic capital and technology collaboration under Wiselink’s “Bitcoin + Cross-Border Finance” framework. The funding round also included private investments from Chad Koehn, founder of United Capital Management of Kansas, along with contributions from four other investors.

Top Win plans to utilize the funds primarily for purchasing Bitcoin and potentially investing in listed companies that adopt Bitcoin treasury strategies. The company clarified that it does not intend to operate as an investment firm or engage primarily in securities trading. This move aligns with Top Win's recent expansion into the Web3 ecosystem, signaling its pivot towards digital assets as a key area of future growth.

Wiselink Co., Ltd., headquartered in Taiwan, is a publicly listed company specializing in Fintech services and SaaS software solutions, primarily in the Indian market. The company has evolved from its origins in traditional manufacturing to focus on high-growth technology sectors. Notably, Wiselink is a long-term strategic partner of OPPO in India, showcasing its expertise in scalable business models. This investment in Top Win marks a bold step into the digital asset space for the Taiwanese firm.

Top Win International Limited, established in 2001 and headquartered in Wan Chai, Hong Kong, is renowned for its trading and distribution of luxury watches from leading international brands. The company serves a global network of distributors, dealers, and retailers. Its entry into the Web3 ecosystem earlier this year reflects a diversification strategy aimed at integrating blockchain and digital assets into its business model.