FF completes strategic investment in QLGN, focusing on Crypto and Web3 businesses
According to ChainCatcher, as reported by Golden Ten Data, Faraday Future Intelligent Electric Inc. has announced the completion of a strategic investment in Qualigen Therapeutics, Inc., with a total investment of approximately $41 million. FF led the investment with about $30 million, founder Jia Yueting personally invested around $4 million, and other investors included SIGN Foundation, a blockchain technology company supported by an exchange, Sequoia Capital, IDG, and Circle.
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