AIxCrypto Inc. (Nasdaq: AIXC) has signed a non-binding letter of intent to purchase an initial batch of $10 million worth of common stock of Faraday Future (Nasdaq: FFAI). The company plans to use these shares as the underlying assets for its first tokenized equity product. This move marks a strategic step in leveraging blockchain infrastructure to connect traditional markets with on-chain economies, thereby initiating its real-world assets (RWA) business.
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AIxCrypto Inc. (Nasdaq: AIXC) has signed a non-binding letter of intent to purchase an initial batch of $10 million worth of common stock of Faraday Future (Nasdaq: FFAI). The company plans to use these shares as the underlying assets for its first tokenized equity product. This move marks a strategic step in leveraging blockchain infrastructure to connect traditional markets with on-chain economies, thereby initiating its real-world assets (RWA) business.