The Nasdaq-listed company AIxCrypto plans to make a strategic investment of $10 million in Faraday Future by purchasing common stock

According to PRNewswire, Nasdaq-listed company AIxCrypto (AIXC) announced plans to invest $10 million in Faraday Future through the purchase of common stock. AIxCrypto intends to use these shares as the underlying asset for its first tokenized equity product.

It is reported that AIxCrypto was formerly known as QLGN, which rebranded and transformed into a crypto and Web3 business platform last November, focusing on the tokenization of stocks and RWA business.