Nasdaq-listed Chinese firm Aurora Mobile plans to allocate up to 20% of cash reserves to crypto
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币界网报道：Nasdaq-listed Aurora Mobile (JG) has approved allocating up to 20% of its cash reserves to cryptocurrency investments, including Bitcoin, Ethereum, Solana, and Sui, as part of its treasury diversification strategy. The China-based customer engagement tech firm stated this move aims to modernize treasury management while maintaining low correlation with traditional markets. CEO Weidong Luo emphasized the investment aligns with global financial innovation without affecting core operations. Aurora's shares rose 4.78% to $11.01 following the announcement, with the company valued at $66.9 million. The decision reflects growing corporate adoption of crypto assets for portfolio diversification.
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