Faraday Future unveils crypto strategy tying EVs to digital assets

Tech company Faraday Future Intelligent Electric announced a new crypto strategy, combining its electric vehicle (EV) business with digital asset investments. The company outlined an initial $30 million crypto purchase as early as next week and a first-phase investment goal ranging from $500 million to $1 billion, both contingent on securing dedicated financing.

“EAI + Crypto” strategy centers on two new products: the C10 Index and C10 Treasury. EAI refers to Faraday’s “Electric AI” product framework. The C10 Index tracks the top 10 crypto assets (excluding stablecoins), with a base value of 1,000 calculated from midnight Pacific Time on August 16, 2025.

The C10 Treasury will allocate 80% passively managed and 20% actively managed crypto allocations, with staking yields estimated at 3%–5%. The company says these yields could fund product innovation, potential stock buybacks, and further asset growth.

Faraday Future is establishing a wholly owned subsidiary, FFAI Crypto Treasury and Bridging Holdings Inc., to operate the crypto business.

The automaker will operate its crypto and EV businesses under separate legal and financial structures to isolate risks and maintain transparency. Third-party custodians will hold all digital assets, with holdings verifiable on blockchain networks.

Beyond treasury operations, Faraday Future outlined plans for an “EAI Vehicle Chain” that would enable tokenized vehicle sales, crypto-based deposits, and Web3 user engagement features. The company is also exploring launching an exchange-traded fund based on the C10 Index.

FF is building a dual-engine circular growth system — combining the long-cycle, high-value EAI EV ecosystem with the short-cycle, high-velocity Crypto ecosystem. These two flywheels will empower each other, redefining what’s possible in mobility and financial innovation,

said Ian Calderon, FF Co-Creation Officer and Founding Board Member of the California Blockchain Working Group.

The company presented the strategy during Pebble Beach automotive week and described it as part of a “Stockholders First” commitment. Faraday Future claims it will be among the first U.S.-listed companies to directly connect real-world operations with on-chain assets.