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FF launches Crypto Flywheel spin-off and listing, new company will be independently funded and operated

According to online reports, FF announced that based on its overall strategic plan, the company is actively planning to independently split its Crypto&C10 and crypto-related assets and businesses and promote a public listing. The company will officially disclose detailed information at the upcoming 919 conference. The spin-off plan will create two independent listing systems-FFAI and its new company focusing on Crypto Flywheels-that operate independently and form strategic synergy. This split plan will become a new fulcrum of the company's strategy and is expected to bring significant incremental value to FF and its shareholders. (Zhitong Finance)

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