Nasdaq-listed company SunCar plans to spend $10 million to buy cryptocurrencies
TechFlame
2025-09-18 13:07
TechFlame2025-09-18 13:07
English
According to TechFlame, Nasdaq-listed company SunCar announced that its board of directors has authorized $10 million to purchase some mainstream cryptocurrencies, which are expected to benefit from rapid growth in risk-weighted asset (RWA) tokenization. From a strategic perspective, SunCar believes that blockchain integration and risk-weighted asset (RWA) tokenization represent the natural evolution of its AI-based cloud technology in the field of digital auto insurance and auto services.