No, Jia Yueting, is this for real? Obviously, when "Jia Yueting" and "blockchain" came together, the first reaction was that Mr. Jia finally took action on Web3. However, after spending time digging deep into the announcement and related documents released by Faraday Future on the 19th, the situation seemed somewhat different. Isn't that so? It's a bit reasonable, "he frowned inwardly." I'll go, are you really here? Let's dive in! ⬇️ Let's set aside our biases and see what exactly happened. The English name for Faraday Future is Faraday Future Intelligent Electric Inc., with the NASDAQ code FFAI. Hehe, it has already been ambushed? This announcement is short, but of great significance. Simply put, it is to split its encrypted asset business and install it in another listed company, creating a dual engine structure. The latest development is that the proposal has been approved by the board of directors, and details will be announced on September 19th during the "919 Futurism Day and Shareholder Community Day". Faraday's encrypted asset business is mainly included in C10 Treasury and other Web3 businesses. In the past two weeks, they have completed $7 million in asset allocation and all four core assets under them have outperformed the index. C10 Treasury is a digital asset investment platform that will now become a new business growth engine for FFAI, as financial statements will be integrated into FFAI. The new entity's financing will not dilute the equity of existing shareholders, while also having a relatively high degree of independence. I have previously written about another legendary car company, DeLorean, which directly issued coins with the intention of using the Double Flying Wheel to enable Web3 to support Web2 business, and the token performance is still good. FF, which is completely separated and independent, is more flexible in terms of equity structure and distribution mechanism. Based on the situation, Mr. Jia can continue to focus on making cars, as FF and FX product delivery are the main focus. You have to trust Lao Jia to capture the heat. This split is another commercial bet, betting on the global trend of technology and blockchain integration. Whether you are playing DATs or RWA, can you find a better and more exaggerated sample than this? From a business perspective, it is actually reasonable that the car feeds back the currency, and the currency feeds back the car. FF's car owners and fans are the most natural seed users of this encryption business. The success of the encryption business can bring profits and cash flow, which can in turn be injected into the car making dream that requires huge investment. I guess this is probably Jia Yueting's Web2+Web3 layout idea. Under Hype, the US stock market is paying attention to FFAI stocks. After September 19th, we will see if there are any opportunities for new entities to issue coins or NFTs, as well as focus on the strategic gameplay and related ecological targets of C10 treasury. In short, the excitement is also watching, and we need to earn this money. / Author: Anymose | A Soft Core Science Popularization Writer This article is for educational purposes only and does not constitute any investment advice. Always remember DYOR!