SunCar Board Approves $10 million in cryptocurrency to capitalize on RWA tokenized growth
Source: Binance
Time: 2025-09-18 21:20:43
According to ChainCatcher, Nasdaq-listed company SunCar announced that its board of directors has authorized $10 million to buy some mainstream cryptocurrencies. These cryptocurrencies 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.