SunCar, a Nasdaq-listed company, announced that its board of directors has authorized the purchase of $10 million in selected major cryptocurrencies, which are expected to benefit from the rapid growth of risk-weighted asset (RWA) tokenization. Strategically, SunCar believes that blockchain integration and RWA tokenization represent a natural evolution of its AI-based cloud technology in the digital auto insurance and automotive services sectors. (Businesswire)