Faraday Future's QLGN has invested $3 million in cryptocurrency assets as part of its strategic shift towards Web3. Founder Jia Yueting announced the submission of a blockchain-based car-sharing patent, marking a significant step in the company's Dual Flywheel & Dual Bridge Strategy. This move follows Faraday Future's $41 million PIPE investment in Qualigen Therapeutics, which is set to rebrand as CXC10 and pivot to a crypto and Web3 business model.