Top Win International Limited from Hong Kong has made a daring step, mirroring modern corporate shifts such as MicroStrategy’s transition into “Strategy.” They have now revealed their new identity as AsiaStrategy, embracing the realm of digital assets.
Originally known for crafting traditional timepieces, this Nasdaq-listed firm is now transitioning from its heritage-centric business approach to embrace a versatile Web3 role. It’s now concentrating on ventures related to digital assets and treasury management, expanding its focus across the Asian region.
A Strategic Overhaul
The shift signifies much more than merely a rebranding; it’s about a comprehensive revamp, inspired by the conviction that Asia offers tremendous potential as the future hub for cryptocurrency advancements and acceptance.
Top Win International Limited, a Hong Kong-based watch company listed on Nasdaq, has revealed plans to broaden its strategic reach into the digital asset industry through a collaboration with Sora Ventures. The focus will be on investing in and developing digital asset-related businesses across Asia, as well as undergoing a transformation that may involve a change in its… (original: changing its…) business structure or identity.
— Wu Blockchain (@WuBlockchain) May 16, 2025
AsiaStrategy intends to leverage the rapidly expanding digital asset market in the region by partnering with Sora Ventures, a prominent player known for Bitcoin investments.
Sora played a crucial role in starting up Asian counterparts of MicroStrategy, such as holding a significant stake in HK Asia Holdings and forging a recent alliance with Metaplanet, Japan’s foremost Bitcoin asset management firm.
Veteran Jason Fang also Joins
Through their alliance with Sora Ventures, AsiaStrategy has brought on board Jason Fang, an experienced figure in the crypto investment sector, as a joint CEO along with Tony Ngai.
The organization plans to implement a strategy that manages digital assets like a financial treasure chest, with the goal of protecting itself from inflation and proactively participating in the possibilities offered by Web3 technologies.
Thrilled to share that Sora is preparing for a public listing on NASDAQ, changing its identity to @asia_strategy (NASDAQ:TOPW). Our future endeavors aim to construct the Asian equivalent of MicroStrategy, while also establishing a bitcoin reserve within this new entity. We’ll continue to expand our existing operations in Asia as well.
— Jason Fang (@JasonSoraVC) May 16, 2025
In a similar fashion to firms such as Metaplanet, who managed to acquire approximately 6,700 Bitcoins within just four months, resulting in an impressive 66% increase in their share price so far this year, even though Bitcoin itself has only seen a relatively small growth.
Bitcoin Treasury Moves by Méliuz Twenty One Capital and Trump’s World Liberty Financial
1. In a groundbreaking move, Brazilian fintech firm Méliuz has made history as the first publicly traded company in Brazil to invest in Bitcoin. Meanwhile, Twenty One Capital, backed by Tether, has significantly increased its Bitcoin holdings to more than 36,000 units.
Here’s the data for your reference:
– Current Bitcoin price: $96,611
– 24h volatility: 2.1%
– Market capitalization: $1.92 trillion
– 24h trading volume: $29.09 billion
Nevertheless, the surge in corporate acceptance of Bitcoin has faced criticism from doubters such as Jim Chanos, who express concerns about potential price bubble formation in companies emulating MicroStrategy’s bold approach.
“We’re doing exactly what MicroStrategy and Michael Saylor are doing,” added Chanos, stating:
“We’re exchanging our MicroStrategy shares for Bitcoin, effectively turning every dollar we spend into $2.50 worth of Bitcoin.”
At the same time, it’s also noticeable that buying altcoins is growing in popularity. Lately, US President Donald Trump’s World Liberty Financial Group has invested in EOS altcoin at a price of $0.82 per token. They purchased tokens valued at an impressive $2.99 million before the Vaulta rebranding set for May this year.
Two months have passed since the Trump family-backed DeFi project WLFI conducted its last token purchase: just now, they bought 363.6 million EOS using 299.6 million USDT at a price of $0.824. Here’s the transaction address link🔗👉：
到目前为止，WLFI 投资组合总共是花了 3.47 亿 U 配置购买了 12…
— 余烬 (@EmberCN) May 16, 2025
Read More
- SPEC PREDICTION. SPEC cryptocurrency
- DOT PREDICTION. DOT cryptocurrency
- USD PHP PREDICTION
- SOLV PREDICTION. SOLV cryptocurrency
- Silver Rate Forecast
- FARTCOIN PREDICTION. FARTCOIN cryptocurrency
- Bitcoin’s Weekend Wild Ride: Will Global Power Games Crash the Crypto Party? 🥊💸
- META PREDICTION. META cryptocurrency
- Crypto and Stocks in Trouble or Just Having a Drama Queen Moment? 🤡📉
- Scandal! POPCAT Rockets 15% as Smart Money Chases the Elusive $0.70—Fortune Awaits?
2025-05-16 22:44