Token Cat Limited (NASDAQ:TC) climbed 4.1% in Tuesday’s premarket session after the company unveiled a major strategic shift: its board has signed off on a Crypto Asset Investment Policy that will allow up to $1 billion of its cash reserves to be deployed into select digital assets.
According to the announcement, Token Cat intends to roll out the investment program gradually, with its early focus on high-growth emerging crypto projects—particularly tokens tied to AI platforms, RAW-to-chain technologies, and hybrid structures that blend token and equity characteristics.
To support the initiative, the company recently named Sav Persico as Chief Operating Officer, tasking him with guiding the execution of the new investment approach. Persico brings three decades of experience in crypto and blockchain.
“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,” said Guangsheng Liu, Chief Executive Officer of Token Cat Limited.
Token Cat has also created a Crypto Asset Risk Committee, chaired by the company’s CFO, to supervise investment decisions and risk-management procedures. The committee will provide regular updates to the board. The firm noted that it will rely on external, top-tier custodians for any crypto holdings rather than managing custody itself.
Persico added that the company views its digital asset allocation not as short-term speculation but as “long-term value reserves, not speculative tools,” positioning the company to strengthen its balance sheet in an unpredictable macroeconomic environment.
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