Nasdaq-listed SunCar plans to spend $10 million to buy cryptocurrency

Odaily Planet Daily News Nasdaq-listed company SunCar announced that its board of directors has authorized $10 million to buy some mainstream cryptocurrencies that are expected to benefit from the rapid growth in risk-weighted assets (RWA) tokenization. From a strategic perspective, SunCar believes that blockchain integration and risk-weighted assets (RWA) tokenization represents the natural evolution of its AI-based cloud technology in the digital auto insurance and automotive services sectors. (Businesswire)