Jia Yueting, founder of Faraday Future, announced a strategic investment in Nasdaq-listed QLGN, which saw an unrealized gain of nearly 140% on the first day post-transaction. Pending shareholder approval, QLGN will be renamed CXC10 and will initiate cryptocurrency and Web3 ventures. C10 Treasury is set to start allocating funds to the top ten cryptocurrencies next week, marking a significant step in its strategic expansion.