Jia Yueting: C10 treasury has completed approximately US$10 million in crypto assets allocation
Source: BlockBeats
Time: 2025-09-15 11:44:10
According to BlockBeats, on September 15, according to Globenewswire, Faraday Future founder and co-CEO Jia Yueting announced in a weekly investor update that the company has officially launched the cryptocurrency ecological flywheel spin-off plan and will quickly establish a second independent listed company, CXC10, which is initially controlled by Faraday Future, forming a dual listed company structure. The spin-off plan has been approved by the board of directors and detailed progress will be announced at the annual general meeting on September 19. In addition, C10 Treasury has completed approximately US$10 million in crypto asset allocation.