PANews reported on September 8th that Faraday Future founder Jia Yueting announced in a post that the C10 Treasury has added $2 million in digital assets. The active allocation selected BNB as its largest cryptocurrency based on three factors: its unique position in ecosystem connectivity and strategic layout; its real business revenue and stable user base; and its robust and extensive ecosystem.
On August 17th , Faraday Future announced the launch of C10 Treasury, a treasury product based on the "C10 Index." The initial phase aims to purchase crypto assets totaling $500 million to $1 billion, once the necessary funding is secured. The initial allocation will be $30 million.
