Faraday Future launches the first C10 Treasury Program on the US Stock Market and introduces the C10 Index

BlockBeats News, August 17th. According to official sources, Faraday Future has released and launched the "EAI+Crypto" Dual Flywheel & Dual Bridging Eco Strategy. The company plans to launch EAI EV asset on-chain, creating an ecosystem for EAI Mobility + Web3 + Blockchain Technology + Crypto Asset Applications.

In addition, Faraday Future has officially launched the C10 Index, the first market crypto asset basket index initiated by a US-listed company (excluding stablecoins).

Faraday Future has also simultaneously released the C10 Treasury, a treasury product based on the "C10 Index." The first phase aims to purchase a total of $5 to $10 billion in crypto assets after obtaining necessary funds. The initial allocation amount is $30 million.