Faraday Future announced a strategic investment of $30 million in Qualigen Therapeutics, led by FF Founder and Co-CEO YT Jia’s $4 million investment. QLGN will rebrand as CXC10, focusing on crypto/Web3 ecosystem build-up. CXC10 targets to become a top U.S. public company bridging Web2 and Web3, AI, and crypto. The C10 Treasury delivered an unrealized gain of around 7%, outperforming the C10 index. FF revealed a stunning ultra-wide dual-screen panoramic display for the FX Super One MPV. All core proposals, except the name change, were approved at the stockholders’ meeting.

(Source: Globe Newswire)

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