Faraday Future launches the first C10 Treasury program in the U.S. stock market and releases the C10 Index
10hours ago
According to Odaily Planet Daily, Faraday Future officially launched its "EAI + Crypto" dual flywheel and dual bridge ecosystem strategy on August 17th. The company plans to launch EAI EV asset blockchains, creating an EAI travel + Web3 + blockchain technology + crypto asset application ecosystem. Additionally, Faraday Future officially launched the C10 Index, the first crypto asset basket index (excluding stablecoins) launched by a US-listed company. Faraday Future also released C10 Treasury, a treasury product based on the C10 Index. The first phase aims to purchase crypto assets totaling $500 million to $1 billion after securing the necessary funding. The initial allocation will be $30 million. (Jinshi)
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