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

By: theblockbeats.news|2025/08/17 05:02:00

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.

The Shanghai court in China has concluded a digital collectible fraud case, and the main culprit has been sentenced to eight and a half years in prison.

Bitcoin Rebounds, Reaches $118,000