Token Cat Limited Approves $1B Crypto Asset Investment Policy Under New COO Leadership
Token Cat Limited (Nasdaq: TC) has authorized a $1 billion allocation to crypto assets under a newly approved investment policy. The move follows the appointment of Sav Persico as Chief Operating Officer, leveraging his three decades of blockchain expertise to oversee implementation.
CEO Guangsheng Liu emphasized the policy's role in fortifying the company's asset strategy, noting Persico's 'DEEP expertise' will ensure disciplined execution. The framework prioritizes phased deployments tied to market conditions, with initial focus on emerging tokens in AI and RAW-to-chain sectors.
The board-approved policy establishes strict capital ceilings and risk parameters, reflecting institutional caution amid crypto market volatility. No specific tokens or exchanges were disclosed in the announcement.
