Faraday Future to Split Crypto Assets: Investor Highlights

Faraday Future (FFAI) has approved the spin-off of its crypto assets, including the C10 Treasury and Web3 projects, to a new entity called CXC10. The spin-off aims to clarify investor concerns, achieve independent financing, and simplify the operation of core electric vehicle businesses and crypto businesses. More details will be announced at the company event on September 19, 2025.