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Faraday Future spends $41 million to transform Qualigen into a cryptocurrency platform

Source: CoinWorld
Faraday Future invested $41 million in Qualigen Therapeutics to rename it CXC10, a cryptocurrency and Web3 platform focused on cryptocurrency index/ETF, Web3 gateway and ecosystem tokens. Jia Yueting invested $4 million and will serve as chief consultant and hold a 62% stake to ensure its strong governance.
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