Jiuzi Holdings is moving into the crypto space with a massive $1 billion investment policy. 

The company announced Wednesday that its board has formally approved a ‘Crypto Asset Investment Policy,’ authorizing up to $1 billion of cash reserves to be deployed into cryptocurrencies under a structured risk framework.

The company said the new policy comes with strict guardrails. The board has capped potential purchases at $1 billion and, at least initially, will limit allocations to Bitcoin and other crypto.

Any expansion into other digital assets would require additional board approval. The company also stressed it will not self-custody its holdings, instead relying on…

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