Faraday Future Plans Billion-Dollar Crypto Strategy
Electric Vehicle maker Faraday Future is making headlines again. This time, however, it’s not about cars. The Nasdaq-listed EV firm has unveiled an ambitious multibillion-dollar cryptocurrency strategy, launching a new “C10 Treasury” and signaling plans to invest $500M-$1B across the top 10 digital assets (excluding stablecoins).
This move comes as various corporations increasingly adopt crypto treasuries to diversify their revenue, attract Wall Street attention, and gain exposure to this expanding asset class.
Faraday Future’s timing is significant, too: the company is leaning into crypto just as optimism builds for an extended bull market cycle, with staking yields and blockchain integrations across the industry offering fresh…
