Company Adopts Crypto Asset Investment Policy
Token Cat Limited (Nasdaq: TC) has announced that its Board of Directors has formally approved a Crypto Asset Investment Policy. This policy authorizes the Company to allocate a portion of its cash reserves into selected crypto assets, operating under a disciplined risk-management framework.
The decision to proceed with this policy follows careful evaluation by the Company. To lead its implementation, Token Cat Limited appointed Sav Persico, who brings thirty years of experience in crypto and blockchain, as Chief Operating Officer.
Strategic Rationale and Leadership
Guangsheng Liu, Chief Executive Officer of Token Cat Limited, emphasized the significance of this development: "The Policy is an important step in strengthening our asset strategy. Sav’s deep expertise in crypto and blockchain will help us execute this long-term plan with strong discipline and effective leadership."
Core Framework of the Crypto Asset Investment Policy
The approved policy is built upon several key pillars designed to ensure a controlled and strategic approach to crypto asset investment:
1. Defined Investment Authorization and Capital Ceiling
The Board has established an overall allocation limit of up to USD 1 billion for digital asset planning. The deployment of these funds will be conducted in phases, taking into account market conditions, risk assessments, and capital management requirements.
2. Selective Asset Allocation
The initial allocation will concentrate on emerging crypto project tokens identified as having strong growth prospects. This includes assets related to artificial intelligence, RAW-to-chain initiatives, and token-equity hybrid models. Any future expansion into additional asset categories will necessitate a reassessment and subsequent approval by the Board’s Risk Committee.
3. Highest-Tier Custody Standards
The Company will not engage in self-custody of any acquired crypto assets. Instead, it will adhere to the highest-tier custody standards to ensure the security of its digital holdings.
4. Enhanced Governance and Oversight Structure
To manage the implementation and oversight of the policy, the Company has formed a Crypto Asset Risk Committee. This committee will be led by the Chief Financial Officer (CFO) and will be responsible for overseeing asset allocation, managing risk controls, and providing regular reports to the Board.
Executive Commentary on the Policy
Sav Persico shared his perspective on the new role and the policy: "It is an honor to take on this responsibility at such a pivotal time. The Company treats crypto assets as long-term value reserves, not speculative tools, aiming to enhance resilience amid macroeconomic uncertainty. I look forward to advancing our crypto asset strategy and strengthening industry collaboration to support sustainable, long-term growth."