Faraday Future Launches 'EAI + Crypto' Dual Flywheel & Dual Bridge Ecological Strategy, Introducing 'C10 Index' and the First 'C10 Treasury' in US Stock Market

Faraday Future (Nasdaq: FFAI) officially launched the 'EAI + Crypto' dual flywheel & dual bridge ecological strategy at Pebble Beach, California, unveiling the 'C10 Index' and the first 'C10 Treasury' product for US-listed companies, while exploring its ETF products based on the 'C10 Index'. The 'C10 Treasury' is based on the 'C10 Index' and allocates to the top ten global cryptocurrency assets (excluding stablecoins), employing an '80% passive + 20% active' investment strategy to achieve sustainable returns, which will support product innovation, stock buybacks, and asset expansion. The initial phase plans to purchase $500 million to $1 billion in cryptocurrency assets (with the first $30 million set to launch next week), with a medium to long-term goal of reaching hundreds of billions in scale. This cryptocurrency business will be operated by the wholly-owned subsidiary FFAI Crypto Treasury and Bridging Holdings Inc., maintaining financial independence from the electric vehicle business to achieve risk isolation, operational independence, and asset transparency, with digital assets being custodied by a third party and verifiable across the entire chain. Faraday Future founder and co-CEO Jia Yueting stated: 'Faraday Future is not just entering the Web3 era—we are building it. This is how we create exponential value for our shareholders.'