WISELINK leads a $10 million funding round for Top Win, becoming the first Taiwanese listed company to invest in a Bitcoin treasury company.
Nasdaq-listed Top Win International announced that it has completed a US$10 million financing round, led by Taiwan-listed WISELINK CO., LTD. (TW: 8932), becoming the first Taiwanese listed company to invest in a Bitcoin treasury company. 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 use the funds mainly to purchase Bitcoin, and may invest in listed companies that adopt Bitcoin treasury strategies, and also use them for working capital. The financing also attracted other private investors, including Chad Koehn, founder of United Capital Management, and four investors. Earlier on May 16, it was reported that Top Win changed its name to Asia