PANews August 17 news, according to Jinshi reports, Faraday Future (founded by Jia Yueting) has released and launched the "EAI+Crypto" dual flywheel & dual bridge ecological strategy. The company plans to launch EAI EV asset on-chain, creating an ecological application of EAI mobility + Web3 + blockchain technology + cryptocurrency assets.
In addition, Faraday Future has released the C10 Index, the first basket index of market cryptocurrency assets initiated by a publicly listed company in the US (excluding stablecoins). Faraday Future also released the C10 Treasury, a financial product configured based on the "C10 Index." The first phase goal is to procure a total of $500 million to $1 billion in cryptocurrency assets after obtaining the necessary funding. The first allocation amount is $30 million.