According to PANews, Token Cat Limited (NASDAQ: TC) announced that its board has formally approved a cryptocurrency investment policy, authorizing the company to allocate a portion of its cash reserves into selected crypto assets under a strict risk management framework. The board has set an overall allocation limit of up to $1 billion for digital assets, with deployment to be carried out in phases based on market conditions, risk assessment, and capital management needs. The initial allocation will focus on emerging crypto tokens with strong growth potential, including those related to artificial intelligence, original data on-chain initiatives, and token-equity hybrid models. Any future expansion into other asset classes will require re-evaluation and approval by the board's risk committee. The company will not self-custody the purchased crypto assets and has established a crypto asset risk committee led by the CFO to oversee asset allocation, risk control, and regular reporting to the board.
Token Cat Limited Board Approves $1 Billion Crypto Investment Policy
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