BlackRock’s 26% increase in FFAI holdings and QLGN’s $300M C10 crypto treasury allocation signal growing institutional engagement in both automotive and blockchain sectors.
On October 27, Faraday Future founder Jia Yueting announced that BlackRock increased its holdings in FFAI shares by 26% to 6.8 million shares. QLGN partnered with BitGo to complete its first C10 cryptocurrency treasury allocation, with trading volume reaching approximately $300 million, highlighting strong initial growth.