PANews, August 15th - Nasdaq-listed company Top Win International announced that it has completed a $10 million financing, led by Taiwan-listed company WISELINK CO., LTD. (TW: 8932), becoming the first Taiwanese listed company to invest in a Bitcoin treasury.
WiseLink completed the investment through a three-year convertible bond and established a strategic partnership with Top Win to promote the 'Bitcoin + Cross-Border Finance' framework. Top Win plans to primarily use the funds to purchase Bitcoin and may invest in listed companies adopting a Bitcoin treasury strategy, while also using it for working capital. This financing also attracted other private investors, including United Capital Management founder Chad Koehn and four other investors.
Previously, on May 16th, Top Win changed its name to AsiaStrategy and collaborated with Sora Ventures to advance the Asian Bitcoin treasury strategy.
