This Friday, SORA Ventures will enter the public market through a strategic partnership with Top Win International Limited (NASDAQ: TOPW), a Hong Kong-based luxury watch distributor that will move into the digital assets sector.
Since the announcement, stocks have grown 25% ahead of the market.
Rather than launching an independent IPO, SORA is embedded in Topwin’s public structure.
Founder Jason Fan will assume the role of CO-CEO alongside Tony Ngai as part of the company’s broader brand to “Asiastrategy.”
The move follows Topwin’s decision to extend to blockchain and Web3, adopt a Bitcoin-based financial strategy and reposition its business model, in line with an accelerated interest in Asia’s digital assets.
Topwin will leverage SORA’s domain expertise, particularly the institution’s experience in Bitcoin integration, to lead investments and Treasury initiatives across the region’s emerging capital markets.
As part of the transition, Topwin has announced plans to incorporate SORA Ventures’ approach to Capital Deployment.
Solaventure’s rich cryptography history
Founded in 2018, SORA Ventures has built a reputation for early stage investments in blockchain verticals such as Defi, NFTS and GameFi, and has recently focused on distributed science and the Bitcoin ecosystem.
It was an early partner of Metaplanet (TYO:3350), positioning the company as Japan’s first public strategy (formerly micro-strategy) analog. In early 2025, Sora expanded its strategy by launching a similar model in Hong Kong.
Through collaboration with UTXO Management, it managed ownership of HK Asia Holdings Ltd (HKG: 1723) and set the stage for further institutional Bitcoin integration across the region.
Fang brings experience from multiple market cycles and track record of disciplined capital deployment.
asiaStrategy Bitcoin Financial Model
Under his leadership, Solaventure has pledged to invest $150 million in an Asian public company that employs the Bitcoin financial model. We plan to support at least 10 companies by the end of the year.
Topwin leverages Sora Ventures’ Web3 expertise to diversify its portfolio while maintaining its core luxury watch distribution business.
With this move, the company will operate across both physical and digital asset classes, working with accelerated pushes and pushes to tokenized finance in Asia.
With approval pending, Topwin’s name change to Asiastrategy aims to reflect dual-track operations in the legacy and blockchain-based sectors.
The initiative shows an increase institutional adjustments around Bitcoin as a Treasury protected asset, particularly in high-growth regions with a receptive regulatory climate.
By consolidating Bitcoin’s Treasury Ministry and entering the open market through SORA Ventures, the company aims to establish a durable presence in Asia’s evolving capital markets.
Disclaimer: Sora Ventures is an investor in Cryptoslate.
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