The post Faraday Future Invests $41 Million in Qualigen Crypto Pivot appeared on BitcoinEthereumNews.com. Key Points: Faraday Future’s $41 million crypto pivot in Qualigen. Key leadership roles affirmed. Investment clarifies crypto, Web3 intentions. CXC10 transformation attracts blockchain figures. Faraday Future announces a $41 million PIPE investment in Qualigen Therapeutics, rebranding it as CXC10, a crypto and Web3 platform, emphasizing blockchain involvement. This shift highlights CXC10’s future role in blending digital finance with traditional industries, impacting market structures and governance paradigms. Faraday Future Invests $41 Million in Crypto Vision Faraday Future’s strategic $41 million investment will transform Qualigen into CXC10, a crypto and Web3 platform. Faraday Future aims to harness the potential of blockchain technology by partnering with SIGN Foundation and notable investors, setting a precedent for industry collaboration. Jia Yueting, with a $4 million personal contribution, will become CXC10’s chief advisor, guiding the company’s new direction. As Yueting states, “With this strategic investment, we are poised to leverage innovative technologies to create a robust crypto and Web3 business platform.” CXC10’s new business lines include crypto index funds, stablecoins, and Web3 user gateways, reflecting a strategic reorientation from traditional therapeutics. Market responses have included speculative discussions among analysts regarding potential SEC scrutiny, given historical regulatory actions against prior crypto pivots. Stakeholders await formal guidance, while industry forums predict increased asset trading linked to CXC10’s expansion. CXC10’s Crypto Transition Sparks Market and Regulatory Talks Did you know? Long Island Iced Tea’s 2017 rebrand to “Long Blockchain Corp” saw short-term stock gains but ended in regulatory challenges, illustrating potential pitfalls of sudden crypto pivots. Bitcoin, the leading cryptocurrency, holds a price of $115,727.35, with a market cap over $2.30 trillion, maintaining 57.07% market dominance. Over the past 90 days, Bitcoin saw a 14.67% increase, though recent volumes decreased by 42.66%, as reported by CoinMarketCap on September 20, 2025. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 23:36 UTC… The post Faraday Future Invests $41 Million in Qualigen Crypto Pivot appeared on BitcoinEthereumNews.com. Key Points: Faraday Future’s $41 million crypto pivot in Qualigen. Key leadership roles affirmed. Investment clarifies crypto, Web3 intentions. CXC10 transformation attracts blockchain figures. Faraday Future announces a $41 million PIPE investment in Qualigen Therapeutics, rebranding it as CXC10, a crypto and Web3 platform, emphasizing blockchain involvement. This shift highlights CXC10’s future role in blending digital finance with traditional industries, impacting market structures and governance paradigms. Faraday Future Invests $41 Million in Crypto Vision Faraday Future’s strategic $41 million investment will transform Qualigen into CXC10, a crypto and Web3 platform. Faraday Future aims to harness the potential of blockchain technology by partnering with SIGN Foundation and notable investors, setting a precedent for industry collaboration. Jia Yueting, with a $4 million personal contribution, will become CXC10’s chief advisor, guiding the company’s new direction. As Yueting states, “With this strategic investment, we are poised to leverage innovative technologies to create a robust crypto and Web3 business platform.” CXC10’s new business lines include crypto index funds, stablecoins, and Web3 user gateways, reflecting a strategic reorientation from traditional therapeutics. Market responses have included speculative discussions among analysts regarding potential SEC scrutiny, given historical regulatory actions against prior crypto pivots. Stakeholders await formal guidance, while industry forums predict increased asset trading linked to CXC10’s expansion. CXC10’s Crypto Transition Sparks Market and Regulatory Talks Did you know? Long Island Iced Tea’s 2017 rebrand to “Long Blockchain Corp” saw short-term stock gains but ended in regulatory challenges, illustrating potential pitfalls of sudden crypto pivots. Bitcoin, the leading cryptocurrency, holds a price of $115,727.35, with a market cap over $2.30 trillion, maintaining 57.07% market dominance. Over the past 90 days, Bitcoin saw a 14.67% increase, though recent volumes decreased by 42.66%, as reported by CoinMarketCap on September 20, 2025. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 23:36 UTC…

Faraday Future Invests $41 Million in Qualigen Crypto Pivot

โดย: BitcoinEthereumNews
2025/09/21 07:41
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Key Points:
  • Faraday Future’s $41 million crypto pivot in Qualigen. Key leadership roles affirmed.
  • Investment clarifies crypto, Web3 intentions.
  • CXC10 transformation attracts blockchain figures.

Faraday Future announces a $41 million PIPE investment in Qualigen Therapeutics, rebranding it as CXC10, a crypto and Web3 platform, emphasizing blockchain involvement.

This shift highlights CXC10’s future role in blending digital finance with traditional industries, impacting market structures and governance paradigms.

Faraday Future Invests $41 Million in Crypto Vision

Faraday Future’s strategic $41 million investment will transform Qualigen into CXC10, a crypto and Web3 platform. Faraday Future aims to harness the potential of blockchain technology by partnering with SIGN Foundation and notable investors, setting a precedent for industry collaboration.

Jia Yueting, with a $4 million personal contribution, will become CXC10’s chief advisor, guiding the company’s new direction. As Yueting states, “With this strategic investment, we are poised to leverage innovative technologies to create a robust crypto and Web3 business platform.” CXC10’s new business lines include crypto index funds, stablecoins, and Web3 user gateways, reflecting a strategic reorientation from traditional therapeutics.

Market responses have included speculative discussions among analysts regarding potential SEC scrutiny, given historical regulatory actions against prior crypto pivots. Stakeholders await formal guidance, while industry forums predict increased asset trading linked to CXC10’s expansion.

CXC10’s Crypto Transition Sparks Market and Regulatory Talks

Did you know? Long Island Iced Tea’s 2017 rebrand to “Long Blockchain Corp” saw short-term stock gains but ended in regulatory challenges, illustrating potential pitfalls of sudden crypto pivots.

Bitcoin, the leading cryptocurrency, holds a price of $115,727.35, with a market cap over $2.30 trillion, maintaining 57.07% market dominance. Over the past 90 days, Bitcoin saw a 14.67% increase, though recent volumes decreased by 42.66%, as reported by CoinMarketCap on September 20, 2025.

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 23:36 UTC on September 20, 2025. Source: CoinMarketCap

Expert analysis suggests this pivot by Faraday Future could lead to further alignment between traditional industrial sectors and digital finance, potentially driving novel investment models and attracting additional regulatory attention. The Coincu research team highlights the need for robust governance frameworks as a countermeasure against potential oversight complexities in the ongoing innovation trajectory.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/news/faraday-future-qualigen-crypto-pivot/

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‘Groundbreaking’: Barry Silbert Reacts to Approval of ETF with XRP Exposure

‘Groundbreaking’: Barry Silbert Reacts to Approval of ETF with XRP Exposure

The post ‘Groundbreaking’: Barry Silbert Reacts to Approval of ETF with XRP Exposure appeared on BitcoinEthereumNews.com. A “combo” ETF  Crypto ETF trailblazer  Digital Currency Group founder Barry Silbert has reacted to the approval of the Grayscale Digital Large Cap Fund  (GDLC), the very first multi-crypto exchange-traded fund (ETF), describing it as “groundbreaking.”  “Grayscale continues to be the first mover, driving new product innovations that bridge tradfi and digital assets,” Silbert said while commenting on the news.  Peter Mintzberg, chief executive officer at Graysacle, claims that the team behind the world’s leading cryptocurrency asset manager is working “expeditiously” in order to bring the product to the market.  A “combo” ETF  The ETF in question offers exposure to Bitcoin (BTC), Ethereum (ETH), as well as several other major altcoins, including the Ripple-linked XRP token, Solana (SOL), and Cardano (ADA). XRP, for instance, has a 5.2% share of the fund, making it the third-largest constituent.  The fund initially debuted as a private placement for accredited investors back in early 2018, and its shares later became available on over-the-counter (OTC) markets.  In early July, the SEC approved the conversion of GDLC into an ETF, but it was then abruptly halted for a “review” shortly after this.  As of Sept. 17, the fund currently has a total of $915.6 million in assets.  Crypto ETF trailblazer  It is worth noting that Grayscale is usually credited with kickstarting the cryptocurrency ETF craze by winning its court case against the SEC.  The SEC ended up approving Bitcoin ETFs in early 2024 and then followed up with Ethereum ETFs.  Grayscale’s flagship GBTC currently boasts more than $20.5 billion in net assets, according to data provided by SoSoValue.  Source: https://u.today/groundbreaking-barry-silbert-reacts-to-approval-of-etf-with-xrp-exposure
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BitcoinEthereumNews2025/09/19 03:39
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The post 332M accounts and $28B TVL, appeared on BitcoinEthereumNews.com. PayPal USD debuts on TRON as a permissionless token PYUSD0, enabled by LayerZero’s OFT standard and the Stargate Hydra extension. The announcement on September 18, 2025 (Geneva) introduces native interoperability between chains and transfers without manual steps for users; the news echoes elements already communicated by PayPal at the launch of PYUSD PayPal Newsroom. The move concerns an ecosystem that includes 332 million accounts and over $28 billion in TVL. In this context, the fungibility of a stablecoin regulated across multiple networks and the use of TRON as a settlement layer for payments and remittances is at stake. According to the data collected by TRONSCAN updated as of September 18, 2025, the network metrics confirm the cited volumes and highlighted traffic patterns. Our editorial team has verified the transaction logs and monitored the public chain metrics to corroborate the reported figures; the observations on daily flows and TVL are consistent with the network dashboards. Industry analysts observe that the entry of a regulated issuer like PayPal tends to increase institutional interest, provided there is transparency on reserves and compliance checks. What is PYUSD0 on TRON and why is it relevant PYUSD0 is the representation of PayPal USD on TRON. It is pegged one-to-one to PYUSD through the OFT standard: the two tokens remain a single stablecoin, fungible and reconciled across chains. The integration is made possible by Stargate Hydra, now operational through LayerZero. According to the founder of TRON, Justin Sun, the extension on TRON expands access and trust for users and institutions. For Bryan Pellegrino (CEO of LayerZero Labs), stablecoins represent a pillar of global payments and remittances, as the native compatibility between chains enables their operational scalability. It must be said that the alignment between issuer, cross-chain infrastructure, and settlement network is a key element. Key Numbers: TRON…
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