On November 21, Faraday Future (FF) made an announcement stating that its majority - owned subsidiary, AIxCrypto Holdings Inc. (hereinafter simply called AIxC), has finished all the necessary procedures for changing its name and has now become a company listed on NASDAQ. It will start trading under the ticker symbol 'AIXC'. This achievement makes AIxC the second company under Jia Yueting's control to be listed on NASDAQ.

At the name - change and listing ceremony, Jia Yueting clearly defined AIxC's strategic positioning. He emphasized that the company would concentrate on integrating the underlying technology of blockchain with AI. Moreover, he presented a 'three - pronged' business strategy. One of the key aspects of this strategy is that the RWA business will kick off the tokenization project for FFAI stocks.

FF regards this development as a pivotal move in constructing a 'dual - flywheel, dual - listing' system. The company expects that AIxC will offer 'reverse empowerment' to FF in five different dimensions. This is anticipated to ease the financial strain that comes with vehicle manufacturing.

In addition to this, FF shared updates on its business progress. The company has filed a patent for a vehicle - sharing and time - sharing rental system. It is also in a fierce race to launch its first FX Super One vehicle before the end of the year. Furthermore, FF has scheduled to start vehicle deliveries in the Middle East on November 27.