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颜驰.Bit 🦅
颜驰.Bit 🦅|Sep 22, 2025 13:31
Boss Jia really knows how to play the game—building cars in the U.S. while breaking into the crypto space. He turned a small-cap pharma stock on the verge of delisting, $QLGN.M, into the CXC10 crypto + Web3 platform. Faraday Future shelled out $30 million to secure controlling interest, while Jia Yueting personally invested $4 million with a two-year lock-up. Combined, they now hold over 62% of the shares. Behind the scenes, they even brought in SIGN Foundation, with backing from Binance Labs, Sequoia, IDG, and Circle. Once the capital puzzle was revealed, the narrative instantly changed. The three-pronged strategy is ready to roll: 1. C10 Treasury + Index + ETF → Already allocated $10 million in crypto assets, with a 7% unrealized gain. 2. BesTrade DeAl Agent → A Web3 AI gateway. 3. Ecosystem Tokens → Includes the C10 stablecoin + RWA products tied to FFAI industry data. Think about it—$QLGN originally had a market cap of less than $5 million, with daily trading volume of $200–300K. Now, overnight, tens of millions in funding have been injected, transforming its story from 'delisting candidate' to 'crypto rising star.' Of course, there are plenty of risks: Can the Q3 earnings report restore shareholder equity? Will the PIPE funds fully arrive? How will compliance for the stablecoin and RWA products be handled? These are the key points to watch moving forward.
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