Faraday Future launches the first C10 Treasury program in the U.S. stock market and releases the C10 Index

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)