Faraday Future Bets Company on Crypto to Fuel AI Mobility Revolution

Faraday Future, the beleaguered electric vehicle (EV) startup, has unveiled a multibillion-dollar strategy to integrate blockchain and cryptocurrency into its business model, marking a significant shift in its financial and operational strategy. At the core of this initiative is the “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy, announced on August 16 at a high-profile event in Pebble Beach, California. The strategy aims to connect Faraday Future’s AI-driven mobility operations with the fast-growing crypto economy, positioning the company as a pioneer in bridging Web2 and Web3 technologies.

A key component of this strategy is the launch of the C10 Index and the FFAI C10 Treasury. The C10 Index is a market-cap-weighted basket of the world's top 10 cryptocurrencies (excluding stablecoins), including Bitcoin (BTC), Ethereum (ETH), XRP, BNB, and others. The C10 Treasury, a dedicated product under a wholly owned subsidiary, intends to invest between $500 million and $1 billion in crypto assets. The initial phase of the strategy will begin with a $30 million allocation, managed through an 80% passive and 20% active portfolio allocation model. The goal is to generate staking yields of 3%–5%, which can then be used to fund product innovation, stock buybacks, and balance sheet strengthening [2].

California State Treasurer Fiona Ma endorsed the initiative during the Pebble Beach event, emphasizing its potential to create high-quality jobs, attract top-tier investment, and drive sustainable development. Faraday Future views this strategy as a key element in fulfilling its “Stockholders First” promise, aiming to maximize value for investors amid a challenging EV market [3].

The company’s recent financial results provide a mixed picture. For Q2 2025, Faraday Future reported an adjusted operating loss of $27.4 million, with a monthly average of $9 million during the quarter. However, the company also reported a 18-month high in cash reserves and noted continued progress in operating efficiency and cost control. Institutional holdings in FFAI have surged, with top-tier fund managers such as Vanguard and BlackRock increasing their positions by over 500% compared to Q4 2024 [1].

In parallel, Faraday Future is preparing for the mass production of the FX Super One, a new EV model in its FX line. The company has secured over 10,000 non-binding pre-orders as of July 31, 2025, indicating strong demand for the vehicle. Production preparations for the FX Super One are underway at the Hanford, California factory, with the model expected to enter trial production in the coming months [1].

The integration of Web3 technologies into Faraday Future’s ecosystem is not just a financial play; it also includes plans to tokenize vehicle sales and enable crypto-based deposits. The company aims to launch an EAI Vehicle Chain, which will facilitate Web3-native user engagement and create a decentralized and transparent mobility economy. Additionally, Faraday Future is exploring the development of a C10 ETF, further expanding its presence in the crypto investment landscape [3].

While the strategic move into crypto assets is bold, it comes amid ongoing operational and financial challenges. Faraday Future remains in a delicate financial position, with a history of losses and significant capital requirements to support its multiple initiatives. The company must navigate the inherent volatility of the crypto market and the regulatory uncertainties surrounding digital assets. Furthermore, the success of this strategy will depend on securing sufficient financing and maintaining investor confidence in the face of these risks [3].

The company’s long-term vision hinges on creating a dual-growth engine between its AI mobility operations and its crypto-based treasury. Faraday Future’s management believes this dual-flywheel approach will not only diversify its revenue streams but also position it at the forefront of a new industrial and financial paradigm. As the EV and crypto markets continue to evolve, Faraday Future’s strategy reflects an ambitious attempt to redefine its role in the future of mobility and digital finance [2].

Source:

[1] Faraday Future Reports Financial Results for Second Quarter 2025 (https://investors.ff.com/news-releases/news-release-details/faraday-future-reports-financial-results-second-quarter-2025)

[2] Faraday Future Bets Big On Web3, Crypto Assets With New $1 (https://finance.yahoo.com/news/faraday-future-bets-big-web3-103055057.html)

[3] Faraday Future Launches its “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy (https://investors.ff.com/news-releases/news-release-details/faraday-future-launches-its-eai-crypto-dual-flywheel-dual-bridge)