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Faraday Future Launches First C10 Treasury Plan, Releases C10 Index

Summary: According to reports from Jin10, Faraday Future officially launched the 'EAI+Crypto' dual-engine & dual-bridge ecological strategy on August 17, planning to introduce EAI EV assets on the chain, creating an ecosystem of EAI travel + Web3 + blockchain technology + encrypted asset applications. At the same time, Faraday Future released the C10 index, the first ...

According to reports from Jin10, Faraday Future officially launched the 'EAI+Crypto' dual-engine & dual-bridge ecological strategy on August 17, planning to introduce EAI EV assets on the chain, creating an ecosystem of EAI travel + Web3 + blockchain technology + encrypted asset applications. At the same time, Faraday Future released the C10 index, the first market cryptocurrency asset basket index initiated by a US-listed company (excluding stablecoins). The company also introduced the C10 Treasury financial product based on the C10 index, with the first phase goal of purchasing a total of 5-10 billion US dollars worth of encrypted assets after obtaining the necessary funds, with an initial allocation amount of 30 million US dollars.

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