Faraday Future, founded by Jia Yueting, announced the addition of $2 million in digital assets through C10 Treasury, with BNB taking the lead position.
Why BNB is the First Choice?
The main reason for the choice of BNB is its central role in the Binance ecosystem. As of the first half of 2025, active addresses on BNB Chain reached 22 million, and the stablecoin trading share stood at 60%-74%. The average daily trading volume was nearly $90 billion. PancakeSwap, a key protocol of the BNB Chain, reported around $10 billion in daily volume with a 74.6% DEX market share, reflecting a solid user base.
Faraday Future's Digital Asset Strategy
C10 Treasury is a crucial part of Faraday Future’s strategy of merging capital with industry. It previously raised $30 million, with 80% passively allocated via the C10 index and 20% actively managed. The new $2 million is expected to follow this approach, given BNB's high liquidity and ecosystem advantages.
Conclusions on Faraday Future's Future
Making BNB the largest holding shows confidence in the digital asset market and recognition of BNB's ecosystem value. However, the success of the C10 Treasury strategy depends not only on BNB's performance but also on Faraday Future’s cash management and the broader regulatory environment. C10 Treasury's moves may become an important indicator of Faraday Future's transition and potential turnaround.
Faraday Future's investment in digital assets supported by BNB could have significant implications for its future, considering the current financial status and capital management system.