Faraday Future launches crypto treasury strategy with C10 Index, plans up to $1B in crypto purchases

FARADAY FUTURE INTELLIGENT ELECTRIC INC.

Announces C10 Index of top 10 crypto assets (ex-stablecoins) with base value 1,000 as of Aug 16, 2025.
C10 Treasury targets $500M–$1B in crypto purchases; initial $30M tranche as early as next week, subject to funding.
80% passive + 20% active portfolio allocation; staking yields estimated at 3%–5% to fund innovation and buybacks.
Wholly owned subsidiary FFAI Crypto Treasury and Bridging Holdings Inc. established; exploring C10 ETF.
California State Treasurer Fiona Ma endorsed the strategy via video at the Pebble Beach launch event.

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