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Stock impact report

Following the Appointment of Sav Persico as Chief Operating Officer, Token Cat Limited Board Approves $1 Billion Crypto Asset Investment Policy

TuanChe Limited - American Depositary Shares (TC) 
Company Research Source: PR Newswire
BEIJING, Dec. 2, 2025 /PRNewswire/ -- Token Cat Limited (Nasdaq: TC, the "Company") today announced that its Board of Directors has formally approved a Crypto Asset Investment Policy (the "Policy"), authorizing the Company to allocate a portion of its cash reserves into selected crypto assets under a disciplined risk-management framework.After careful evaluation, the Company decided to proceed with this Policy. Earlier, it appointed Sav Persico, with thirty years of crypto and blockchain experience, as Chief Operating Officer to lead its implementation.Guangsheng Liu, Chief Executive Officer 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."Core Framework of the Policy:1. Defined investment authorization and capital ceilingThe Board has approved an overall allocation limit of up to USD 1 billion for dig Show less Read more
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