
Core Insights - Faraday Future has completed its strategic investment in Qualigen Therapeutics, focusing on Crypto and Web3-related businesses [1][3] Investment Details - The total investment amounts to approximately $41 million, with Faraday Future leading with about $30 million, and founder Jia Yueting personally investing around $4 million [3] - Other investors include Binance Labs, Sequoia Capital, IDG, and Circle, participating through the SIGN Foundation [3] - Following the investment, Faraday Future holds approximately 55% of QLGN shares, while Jia Yueting holds about 7% and has voluntarily locked his shares for two years [3] Strategic Initiatives - The investment marks a key milestone in Faraday Future's "Dual Flywheel & Dual Bridge" ecological strategy [3] - The company plans to integrate its EAI EV assets onto the blockchain, creating an ecosystem that combines "EAI Mobility + Web3 + Blockchain Technology + Crypto Asset Applications" [3] - Faraday Future has also announced a Crypto Flywheel business, which will be independently operated by its wholly-owned subsidiary, FFAI Crypto Treasury and Bridging Holdings Inc. [4]