Token Cat approves crypto asset investment policy, allocates up to $1 billion.

Token Cat Limited's Board has approved a Crypto Asset Investment Policy, allowing up to $1 billion of its cash reserves to be invested in selected crypto assets. The company appointed Sav Persico, with 30 years of crypto and blockchain experience, as Chief Operating Officer to lead the implementation of the policy. The policy aims to strengthen the company's asset strategy and is expected to be executed with discipline and effective leadership.