Dec. 2 at 4:32 PM
Token Cat Limited announced that its board has approved a new Crypto Asset Investment Policy authorizing up to
$1 billion of its cash reserves to be allocated into selected digital assets. The strategy will be deployed in phases, initially targeting emerging crypto projects with strong growth potential, including AI-linked tokens, RAW-to-chain initiatives and hybrid token-equity models.
The company recently appointed Sav Persico as COO to lead execution of the plan, citing his three decades of experience in crypto and blockchain. CEO Guangsheng Liu said the policy marks a key step in strengthening Token Cat’s asset strategy and highlighted Persico’s expertise in ensuring disciplined, long-term management.
Token Cat also formed a Crypto Asset Risk Committee, chaired by its CFO, to oversee asset allocation and risk controls, reporting regularly to the board. The firm stressed it will not self-custody assets, instead relying on high-standard third-party custodians.
$TC