According to BlockBeats news on August 17, Faraday Future announced and launched the 'EAI+Crypto' dual-flywheel & dual-bridge ecological strategy. The company plans to launch EAI EV assets on-chain, creating an ecosystem of EAI mobility + Web3 + blockchain technology + crypto asset applications.
In addition, Faraday Future has officially released the C10 Index, which is the first market index of a basket of crypto assets initiated by a publicly traded company in the US (excluding stablecoins).
Faraday Future has officially launched the C10 Treasury product configured based on the 'C10 Index'. The first phase aims to procure a total of 500 million to 1 billion USD in crypto assets after securing the necessary funding. The initial allocation amount is 30 million USD.