Actelis Networks has approved a new treasury management strategy that includes investing in cryptocurrencies. The Board authorized management to diversify treasury holdings by investing in digital assets meeting specific criteria. This move aims to enhance financial flexibility and pursue long-term capital appreciation opportunities. The strategy complements the Company’s focus on core networking solutions across various markets. Actelis Networks is a market leader in hybrid fiber-copper networking solutions for wide-area IoT applications. The Company aims to balance this strategy with operational requirements and investment in growth initiatives.

Read more at GlobeNewswire: Actelis Networks Announces Approval of Cryptocurrency