[Token Cat Limited Board Approves Crypto Asset Investment Policy of Up to $1 Billion] U.S.-listed company Token Cat Limited (NASDAQ: TC) announced that its board of directors has 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, with a total allocation limit of up to $1 billion. The initial allocation will focus on emerging crypto project tokens related to artificial intelligence, on-chain raw data initiatives, and token-equity hybrid models. Asset deployment will be carried out in phases and adjusted based on market conditions, risk assessments, and capital management needs. The company has established a Crypto Asset Risk Committee, led by the Chief Financial Officer, to oversee asset allocation and risk control, and to report regularly to the board of directors. The board has stipulated that any expansion into other asset classes must be re-evaluated and approved by the Risk Committee. The company will not self-custody the purchased crypto assets.