Binance Invests in AI-Infused Crypto Venture, Boosts Innovation

Binance, the world's largest exchange by volume, has invested in USDAI, a startup that merges cryptocurrency with artificial intelligence. YZi Labs, Binance's venture capital arm, has also invested in over 300 projects globally, managing 10 billion dollars in crypto investments. The investment in USDAI aims to foster promising crypto initiatives and support developers integrating Web3 with real-world demand.

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI), a global shared intelligent electric mobility ecosystem company, has announced a transformative 'EAI + Crypto' Dual-Flywheel & Dual-Bridge Ecosystem Strategy. This marks a significant milestone in AI mobility and Web3 integration [1].

The new strategy, unveiled on August 16 at an event in Pebble Beach, aims to combine Embodied AI (EAI) with the explosive growth of the crypto asset economy to create a two-way, independently operating circular growth engine between Web2 and Web3 [1]. The strategy includes the launch of the 'C10 (Crypto 10) Treasury' product, which will accumulate and compound the world's top 10 crypto assets (excluding stablecoins) based on the 'C10 Index' [1].

The C10 Treasury adopts an 80% passive + 20% active portfolio allocation model, providing potentially sustainable returns to fund product innovation, potential stock buybacks, and further asset growth [1]. The first phase of the new strategy targets up to $500M-$1B in crypto coin purchases, with an initial tranche of $30M to be initiated as early as next week [1].

California State Treasurer Fiona Ma expressed her endorsement of the Company's new strategy, highlighting its potential to boost the economy and create high-quality jobs [1]. Faraday Future plans to use dedicated financing exclusively for the purchase of crypto assets, aiming to become the Vanguard in the age of Crypto [1].

The strategy upgrade delivers on FF's 'Stockholders First' promise, aiming to maximize value for stockholders. It positions Faraday Future at the forefront of the next era in global industrial and financial evolution, combining real-world mobility innovation with high-growth potential from crypto [1].

Faraday Future's Dual-Bridge Strategy connects real-world business operations with on-chain assets, positioning the Company as one of the first U.S.-listed public companies to do so [1]. The Company is also exploring the creation of an ETF product based on the C10 Index [1].

The C10 Index, a market-cap-weighted basket of the world's top 10 crypto assets (excluding stablecoins), is calculated from midnight Pacific Time on August 16, 2025, with a base value of 1,000 [1]. The Index will be tracked in real-time on FF.com and the FF App [1].

Faraday Future's crypto and EV businesses are planned to be operated under separate legal and financial structures to promote risk isolation, operational independence, and asset transparency [1]. Digital assets will be held by third-party custodians and will be fully verifiable on-chain [1].

The new strategy supports Faraday Future's long-standing commitment to maximize stockholder value in a future-forward and sustainable manner [1].

References:
[1] https://www.marketscreener.com/news/faraday-future-launches-its-eai-crypto-dual-flywheel-dual-bridge-ecosystem-strategy-as-a-pione-ce7c51ddda80f723