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FF launches Crypto flywheel spin-off; the new company will operate and finance independently.
Golden Finance reported that FF announced that, according to the overall strategic plan, the company is actively planning to independently split its Crypto&C10 and encryption-related assets and businesses and promote public listing. The company will officially disclose details at the upcoming 919 launch event. This spin-off listing plan will create two independent listing systems—FFAI and a new company focused on the Crypto flywheel—both operating independently while capable of forming strategic synergies. This split plan will become a new pivot for the company's strategy, expected to bring significant incremental value to FF and its shareholders. (Zhito Finance)