High Win Worldwide, listed on Nasdaq as SORA, has secured $10 million from a bunch of buyers led by WiseLink. This marks the primary time a Taiwanese public firm has invested in a Bitcoin treasury-focused agency.
Based on the businesses, the deal was executed by way of a three-year convertible observe and is a part of WiseLink’s “Bitcoin + Cross-Border Finance” initiative.
The Hong Kong-based High Win, historically engaged within the buying and selling, distribution, and retail of luxurious watches, started shifting towards digital belongings in Could 2025 by way of a partnership with Sora Ventures.
The corporate’s technique contains holding Bitcoin on its stability sheet and investing in different publicly listed firms with comparable treasury fashions. That pivot adopted its April 2025 public itemizing and ticker change from TOPW to SORA.
WiseLink, traded on the Taiwan Inventory Trade underneath 8932, operates fintech providers in India and develops SaaS options, sustaining a long-term partnership with smartphone maker OPPO.
The corporate’s funding in High Win establishes a strategic capital and know-how collaboration geared toward integrating Bitcoin treasury administration with cross-border monetary operations. High Win said it’ll use the funds primarily to amass Bitcoin, with potential allocations towards listed firms pursuing Bitcoin treasury methods, and for working capital.
High Win’s earlier strikes included buying stakes in HK Asia Holdings and Metaplanet, the latter holding roughly 7,800 BTC valued at about 800 million {dollars}. Metaplanet’s shares have gained over 3,600% previously 12 months, and HK Asia Holdings delivered a fifteenfold improve in share worth after adopting a Bitcoin treasury method.
These investments align with Sora Ventures’ purpose of deploying a $150 million fund to again no less than ten public firms with Bitcoin holdings by the tip of 2025.
Jason Fang, co-founder of Sora Ventures, was appointed chairman and co-chief government of High Win in late Could, a management change meant to drive the corporate’s blockchain and digital asset technique. The corporate plans regional enlargement in markets together with Thailand, Taiwan, and South Korea, aiming to scale its Bitcoin-centric capital allocation mannequin.
The convertible observe financing with WiseLink provides a cross-border component to the technique, linking Taiwan’s public markets to Hong Kong’s listed digital asset initiatives. Whereas the observe’s particular phrases, together with conversion value and maturity particulars, haven’t been disclosed, the construction positions each firms to align long-term capital deployment with their said Bitcoin treasury objectives.
The deal expands High Win’s capability to execute its treasury allocation plans whereas exposing WiseLink to a hybrid retail and digital asset platform.
High Win emphasised that it doesn’t intend to function as an funding firm underneath U.S. securities regulation, and that every one actions will adjust to relevant regulatory necessities.
The transaction, which closed earlier than the August 15 announcement, represents one other step within the firm’s transition from a standard luxurious items enterprise to an entity balancing bodily retail operations with Bitcoin-focused capital methods.
[Disclosure: Sora Ventures is an investor in CryptoSlate.]
