AIxCrypto Inc. announced it has entered into a non-binding term sheet to purchase an initial $10 million tranche of Faraday Future (NASDAQ: FFAI) common stock. This proposed transaction, to be facilitated by an independent third party, represents a strategic deployment of AIxC's blockchain infrastructure and marks a significant step toward the launch of its tokenized Real World Asset (RWA) business. If definitive agreements are executed, AIxC intends to utilize these shares as the foundational asset for its first tokenized equity product.

Digitizing the Asset Lifecycle

This initiative is designed to harness AIxC's blockchain infrastructure to digitize the equity issuance lifecycle. By serving as a digital bridge between traditional capital markets and the on-chain economy, the Company aims to unlock operational efficiencies and expand access for a global, digital-native investor base.

This proposed structure allows the Company to leverage the liquidity and programmability of blockchain technology while adhering to strict governance standards. AIxC will provide further updates if a binding agreement, subject to all necessary approvals, is reached.