Jia Yueting: C10 treasury has completed the allocation of crypto assets of approximately US$10 million
Source: ChainCatcher
Time: 2025-09-15 11:45:42
According to ChainCatcher, according to market news, Faraday Future founder and co-CEO Jia Yueting announced in the 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.