On December 2, 2025, Token Cat Limited (Nasdaq: TC) announced that its Board of Directors has formally approved a Crypto Asset Investment Policy, authorizing the company to allocate up to $1 billion from its cash reserves into selected crypto assets under a disciplined risk-management framework.
The deployment will proceed in phases based on market conditions, risk assessments, and capital management needs. The initial allocation will focus on emerging crypto project tokens with strong growth prospects, including assets related to artificial intelligence (AI), RAW-to-chain initiatives, and token-equity hybrid models. Any future expansion into additional categories requires reassessment by the Board's Risk Committee.
Prior to this policy, the company appointed Sav Persico, with thirty years of crypto and blockchain experience, as Chief Operating Officer to lead its implementation. Guangsheng Liu, CEO of Token Cat Limited, stated: "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."
The company has formed a Crypto Asset Risk Committee, led by the CFO, to oversee asset allocation, manage risk controls, and report regularly to the Board. Sav Persico commented: "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."
Additionally, the policy mandates highest-tier custody standards, with the company opting not to self-custody acquired crypto assets.
