FF: Approximately 60% of the trial production process debugging of FX Super One is completed. C10 Treasury has obtained the first batch of financing of $30 million.
36Kr learned that according to the official Weibo account of Faraday Future (FF), approximately 60% of the trial - production process preparation for the FX Super One has been completed. The first special financing commitment of $30 million for the C10 Treasury closed this week, and the first asset allocation is expected to start next week. FF will adopt a smooth dollar - cost averaging approach and plans to allocate the entire $30 million within the next few weeks. 80% will be passively allocated according to the C10 index, and 20% will be actively allocated. FF will also announce the position holdings and earnings in subsequent weekly reports.