PANews, December 2 – Token Cat Limited (NASDAQ: TC) announced that its board of directors has formally approved a crypto asset investment policy, authorizing the company to allocate a portion of its cash reserves to selected crypto assets under a strict risk management framework. The board has approved a maximum overall allocation limit of $1 billion for the digital asset plan. Deployment will be phased in based on market conditions, risk assessment, and fund management needs. The initial allocation will focus on tokens from emerging crypto projects with strong growth prospects, including assets related to artificial intelligence, on-chain raw data initiatives, and token-equity hybrid models. Future expansion to other asset classes will require reassessment and approval by the board's risk committee. The company will not self-custody the purchased crypto assets. A crypto asset risk committee, led by the CFO, has been established to oversee asset allocation, manage risk controls, and report regularly to the board.
The board of directors of Token Cat Limited, a US-listed company, approved a $1 billion cryptocurrency investment policy.
Share to:
Author: PA一线
This content is for informational purposes only and does not constitute investment advice.
Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
