The board of directors of the US-listed company Token Cat Limited has approved a $1 billion crypto asset investment policy.

Jinse Finance reported, citing PR Newswire, that Token Cat Limited (Nasdaq: TC) has announced its board of directors has officially approved a crypto asset investment policy, authorizing the company to allocate a portion of its cash reserves to selected crypto assets under a strict risk management framework. The board has approved an overall allocation cap for digital asset planning of up to 1 billion USD. Deployment will be carried out in phases based on market conditions, risk assessment, and capital management needs. The initial allocation will focus on emerging crypto project tokens with strong growth prospects, including assets related to artificial intelligence, native data on-chain initiatives, and token-equity hybrid models. Any future expansion into other asset classes will require reassessment and approval by the board's risk committee. The company will not self-custody the acquired crypto assets. A crypto asset risk committee, led by the Chief Financial Officer, has been established to oversee asset allocation, manage risk controls, and report regularly to the board of directors.