Faraday Future Intelligent Electric Inc. announced on August 17, 2025, the launch of its “EAI + Crypto” Dual-Flywheel & Dual-Bridge Ecosystem Strategy, aiming to integrate artificial intelligence (AI)-driven electric vehicles (EVs) with Web3 technologies and cryptocurrency investments.
The initiative includes the introduction of the C10 Index, a diversified crypto asset basket, and the C10 Treasury plan, marking the first such program by a U.S.-listed company, with Phase 1 allocating $500 million to $1 billion starting with an initial $30 million next week and a long-term vision scaling to $10 billion. This strategy seeks to connect the EV industry with Web3 capital, creating mutual amplification of shareholder and industrial value through separate but interconnected EV and crypto business entities. The announcement was made during Monterey Car Week, emphasizing transparency, compliance, and innovation in blending mobility with blockchain applications.

Robinhood acquired an Indonesian brokerage and digital asset trading firm to access a market with 17 million crypto investors. Crypto and stock trading platform Robinhood is set to tap into Indonesia’s burgeoning cryptocurrency trading market after an agreement to acquire two local fintech companies.In an announcement on Sunday, Robinhood said it has entered into agreements to acquire Buana Capital, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader, “marking our entry into one of Southeast Asia’s fastest-growing markets.”It said that Indonesia has more than 19 million capital market investors and 17 million crypto investors, making it a “compelling market for equities and crypto trading.”Read more

