Faraday Future Unveils $10B Crypto-AI Strategy for EV Growth
Faraday Future, the California-based electric vehicle startup, has announced a bold $10 billion strategy merging its Embodied AI platform with cryptocurrency economics. The "EAI + Crypto" Dual-Flywheel & Dual-Bridge Ecosystem Strategy aims to create a symbiotic relationship between smart EV operations and Web3 financial systems.
The company plans to launch a "Crypto 10" treasury product, committing between $500 million to $1 billion in digital asset investments, beginning with an initial $30 million allocation. Faraday Future's vision extends to tokenized vehicle sales and the creation of a C10 Index—a market-cap-weighted basket tracking top non-stablecoin assets—with eventual ETF ambitions.
"The next decade could be a super long bull cycle for the crypto market," said Ian Calderon, Faraday's Co-Creation Officer and blockchain policy pioneer. The initiative represents one of the most significant corporate crypto commitments since MicroStrategy's Bitcoin treasury strategy.