On August 17, 2025, Faraday Future introduced the C10 Treasury program and the C10 Index, becoming the first US-listed company to utilize crypto assets in its management.
Launch of C10 Treasury
Faraday Future announced the C10 Treasury as a strategic move to incorporate cryptocurrency with electric vehicle innovations. Initial investments of $30 million aim to increase the capital to $500 million or even $1 billion.
Overview of C10 Index
The C10 Index includes the top ten crypto assets, excluding stablecoins. The C10 Treasury adopts an 80% passive and 20% active management model, enabling financial returns.
Impact on Corporate Strategies
The launch of the C10 Treasury may significantly transform corporate asset management strategies. According to Fiona Ma, California State Treasurer, the integration of blockchain with the electric vehicle industry provides a bridge between traditional finance and the evolving digital economy.
The Faraday Future initiative may constitute a substantial step toward broader integration of crypto assets into traditional financial structures, altering approaches to corporate asset management.
