Faraday Future launches the C10 Index Plan, releasing a market cryptocurrency asset portfolio

According to reports from Jinshi, Faraday Future, initiated by founder Jia Yueting, has launched the "EAI+Crypto" dual-flywheel and dual-bridge ecological strategy. The company plans to implement EAI EV asset on-chain, creating an ecosystem that integrates EAI mobility, Web3, blockchain technology, and cryptocurrency applications. Additionally, Faraday Future has released the C10 Index, which is the first market cryptocurrency asset portfolio index initiated by a U.S. publicly listed company (excluding stablecoins). At the same time, it launched the C10 Treasury product based on the C10 Index. The first phase goal is to purchase a total of 500 million to 1 billion USD in cryptocurrency assets after obtaining the necessary funding, with the initial allocation amount set at 30 million USD.