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FF completes strategic investment in QLGN, focusing on Crypto and Web3 business.
According to ChainCatcher news and Jin10 reports, Faraday Future Intelligent Electric Inc. has announced that it has completed a strategic investment in Qualigen Therapeutics, Inc. with a total investment amount of approximately 41 million USD, of which FF led with about 30 million USD, and founder Jia Yueting personally invested about 4 million USD. Other investors include blockchain technology company SIGN Foundation, supported by Binance Labs, Sequoia Capital, IDG, and Circle.