NASDAQ-listed company SunCar plans to invest $10 million to purchase Crypto Assets.

According to Mars Finance, on September 18, Nasdaq-listed company SunCar announced that its board has authorized the expenditure of $10 million to purchase a portion of mainstream Crypto Assets, which are expected to benefit from the rapid rise of risk-weighted asset (RWA) tokenization. From a strategic perspective, SunCar believes that Blockchain integration and risk-weighted asset (RWA) tokenization represent a natural evolution of its AI-based cloud technology in the fields of digital auto insurance and automotive services. (Businesswire)

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