CoinNetwork

According to BiJie Wang news, electric vehicle startup Faraday Future announced that it will launch cryptocurrency-related initiatives, including the establishment of a crypto assets treasury with an initial scale of $30 million, aiming to expand to billions of dollars, and plans to launch an index fund tracking the top ten crypto assets. The company also intends to achieve tokenization of vehicle sales through "EAI Vehicle Chain," which has the support of California State Treasurer Fiona Ma. This move comes during a transformation period for the company, with its stock price falling 7.6% to $
MA1.23%