Core Viewpoint - Faraday Future has officially launched its "EAI + Crypto" Dual-Flywheel & Dual-Bridge Ecosystem Strategy, marking a significant step in AI mobility and Web3 integration [4][8][9] Group 1: Strategy Overview - The new strategy integrates Embodied AI (EAI) with the growing crypto asset economy, creating a circular growth engine between Web2 and Web3 [9][11] - The initiative aims to position Faraday Future at the forefront of global industrial and financial evolution [9][11] - The strategy is expected to enhance the company's growth potential by combining the long-cycle EAI EV ecosystem with the short-cycle crypto ecosystem [12][19] Group 2: Financial Goals and Products - Faraday Future plans to target $500 million to $1 billion in initial crypto asset purchases, with the first tranche of $30 million to be initiated soon [10][15] - The C10 Treasury will adopt an 80% passive and 20% active portfolio allocation model, aiming for sustainable returns to fund product innovation and potential stock buybacks [10][15] - The C10 Index, a market-cap-weighted basket of the top 10 crypto assets (excluding stablecoins), will be tracked in real-time [14][15] Group 3: Structural and Operational Aspects - A wholly owned subsidiary, FFAI Crypto Treasury and Bridging Holdings Inc., will be established to manage the crypto business, ensuring risk isolation and transparency [17][18] - The strategy includes plans for tokenized vehicle sales and crypto-based deposits, leveraging blockchain technology for a decentralized mobility economy [13][19] - The operational structure is designed to promote independence between the crypto and EV businesses while allowing for strategic synergies [18][19]
Faraday Future Launches its “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy as a Pioneer in AI mobility and Web3 integration, Unveiling the “C10 Index” and the First “C10 Treasury” Product Announced by a U.S.-Listed Company
Globenewswire·2025-08-18 01:00