Jiuzi New Energy's board of directors approves up to $1 billion in crypto asset investments

According to Odaily Planet Daily, US-listed Jiuzi New Energy announced that its board of directors has officially approved and adopted a crypto asset investment policy, authorizing the company to deploy up to $1 billion to purchase crypto assets to ensure manageable risk. This policy authorizes Jiuzi New Energy to allocate a portion of its cash reserves to select crypto assets within a prudent risk management framework. Initial investments will be limited to BTC, ETH, and BNB. Any future expansion into other assets will require reassessment and approval by the board's risk committee. (PR Newswire)