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The QLGN of FFAI Strategic Investment has been renamed to AIxCrypto and will launch stock tokenization RWA business.
According to Foresight News, Faraday Future tweeted that QLGN, a Nasdaq-listed company with strategic investment from FFAI, has been renamed AIxCrypto (AIXC) and announced three new major business areas. AIXC will engage in stock tokenization RWA business, with the first project being the tokenization of FFAI's stock. The company plans to independently purchase $5 million worth of FFAI stock through a third party, helping Faraday Future obtain Web3 financing at a lower cost than Web2.