Qualigen Therapeutics Launches Strategic C10 Cryptocurrency Asset Treasury Amid Market Turbulence
Carlsbad, CA, October 12, 2025 — Qualigen Therapeutics, Inc. (NASDAQ: QLGN) has officially launched its C10 Cryptocurrency Asset Treasury (DAT) purchase program amidst significant volatility and a recent sharp pullback in the cryptocurrency markets.
The company views the recent crypto market decline, which saw approximately $16 billion in leveraged positions liquidated and nearly $200 billion wiped from total market capitalization in just 48 hours, not as a collapse but as a healthy stress test. This plunge was driven largely by a combination of excessive leverage, geopolitical shocks including trade tensions from proposed tariffs between the U.S. and China, and macroeconomic uncertainties. Cryptocurrencies, often labeled as high-beta assets, bore the brunt of this risk aversion.
In response to these turbulent conditions, Qualigen Therapeutics’ C10 Treasury has launched strategic purchases to capitalize on falling asset prices. The company emphasizes a disciplined investment approach focused on high-quality crypto assets with strong fundamentals, signaling a contrarian stance during broad market fear. Echoing Warren Buffett’s famous investment philosophy, Qualigen’s leadership stated, “When others are fearful, we remain greedy,” underscoring their confidence in the long-term crypto market outlook.
Strategic Partnerships and Capital Support
Qualigen’s crypto strategy is supported by significant capital injections, including a notable strategic investment from Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI). Faraday Future recently completed a $41 million investment into Qualigen, with approximately $30 million contributed directly by FFAI and additional backing from its founder YT Jia and institutional investors such as SIGN Foundation (backed by Binance Labs), Sequoia Capital (with footprints in the US, India, and China), IDG Capital, and Circle.
Following this investment, Faraday Future controls about 55% of Qualigen’s pro forma common stock, while YT Jia holds close to 7%, locked up for a minimum of two years as a cornerstone investor. This strategic partnership aligns with Faraday Future’s broader “Dual-Flywheel & Dual-Bridge” Eco-Strategy, integrating smart mobility with the evolving Web3 and crypto ecosystem.
Market Context and Future Outlook
The crypto market’s recent turmoil highlights vulnerabilities tied to leveraged trading and geopolitical pressures, but Qualigen’s initiative seeks to convert these challenges into opportunities. The launch of the C10 Cryptocurrency Asset Treasury purchase program demonstrates the firm’s commitment to navigating crypto market cycles prudently while capitalizing on mispricings induced by temporary panic.
By focusing on acquiring crypto assets of sound long-term value at discounted prices, Qualigen aims to build a resilient treasury that can harness future crypto market growth and innovation. This approach places the firm among a subset of investors prepared to leverage volatile market conditions rather than retreat from them.
Qualigen’s announcement comes at a time when many investors are reevaluating risk exposure in crypto markets, weighed down by macroeconomic uncertainty and geopolitical developments. The company’s message is clear: they consider this pullback a golden moment to deploy capital strategically and enhance shareholder value in the emerging digital asset landscape.