Taiwan WiseLink dey pioneer Bitcoin adoption wit $10M
Wiselink Co., Ltd., one Taiwan-listed fintech company wey CEO Tsai Kun Huang dey lead, don adopt corporate treasury strategy by investing $10 million for Hong Kong’s Top Win International to acquire Bitcoin. Dis one na di first time wey Taiwan public company hold Bitcoin as reserve assets. Dis decision na because of global monetary easing plus di increasing role of digital assets for corporate finance. WiseLink wan encourage institutional investment and inspire other Taiwan firms to explore Bitcoin treasury strategies. Dis move still show say di need dey for updated regulatory frameworks to support corporate Bitcoin adoption.
Bullish
WiseLink dem $10 million money put for Bitcoin treasury na first for Taiwan corp business show say institutions dey more confident say Bitcoin fit be reserve asset. Before now, when companies like MicroStrategy and Tesla talk say dem buy plenty Bitcoin, market attitude go dey positive and price go stabilize. Short term, dis news fit make trading activity increase and make more corporate people like treasurers begin dey use Bitcoin, wey go push demand. Long term, if more companies begin use am, e fit make market stable, help make rules for Taiwan clear, and prepare road for more institutional money wey go enter crypto market.