Qualigen Therapeutics, Inc. (NASDAQ: QLGN) announced that it will officially rebrand as AIxCrypto Holdings, Inc. (NASDAQ: AIXC) following a Nasdaq ceremony on November 20, 2025, marking its full-scale transition from biotechnology into a decentralized AI × Web3 technology platform.The move follows a special stockholder meeting on November 12, where all proposals were approved by majority vote, formally confirming Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) as the company’s new majority and controlling shareholder.

Faraday Future is expected to hold roughly 55% direct equity ownership, increasing to about 63% when including affiliated stockholders such as YT Jia and Jerry Wang.As part of the transformation, Faraday Future will nominate a majority of board seats prior to the rebranding ceremony. Governance restructuring is underway to support the company’s new direction, which aims to establish AIxCrypto as “the world’s premier gateway to the AI × Web3 era.”

During the November 20 Nasdaq renaming and ticker activation ceremony in New York, the company will unveil its three-year development roadmap, ecosystem framework, and technology architecture, outlining how it plans to integrate decentralized artificial intelligence with blockchain-based asset infrastructure and intelligent trading systems.

Qualigen said the event will mark a “comprehensive upgrade” of its identity and strategy… shifting from its roots in biotechnology to become a cross-disciplinary technology enterprise focused on DeAI, Web3 infrastructure, and autonomous digital asset ecosystems.

“This is more than a renaming… it represents a complete evolution of company identity, technology capability, asset infrastructure, and global ecosystem positioning,” said Jerry Wang, Co-CEO of Qualigen Therapeutics. The transition will establish cross-ecosystem enablement between AIxCrypto and Faraday Futurehttps://app.stocks.news/stock-detail/NASDAQ/FFAI/overview, integrating the latter’s mobility and smart infrastructure capabilities with AIxCrypto’s planned decentralized technology platform.

Executives described the collaboration as a “reciprocal strategic enablement dynamic” designed to accelerate innovation, ecosystem integration, and long-term value creation across both enterprises.Following the rebrand, AIxCrypto plans to launch the public beta of its BesTrade DeAI Agent by the end of November and release its EAI RWA Utility Token Whitepaper, a key component of its decentralized asset strategy.

For more context, at the November 12 special meeting, Qualigen shareholders voted to approve:

• Subscription Agreement approval under Nasdaq Rules 5635(a) and 5635(b), authorizing the issuance of 337,432 common shares and 39,943 Series B convertible preferred shares.
   
• Approval to exceed Nasdaq’s 19.99% issuance threshold under Rule 5635(d).
   
• Adoption of the 2025 Equity Incentive Plan, including an evergreen provision to support long-term talent retention and shareholder alignment.
   
• Authorization to adjourn the meeting, if necessary, for additional voting matters.
   

With all measures approved, the company enters what it calls its “new execution phase”... aligned with its AI-driven technology, growth, and capital markets strategy.

About Qualigen Therapeutics, Inc.

Qualigen Therapeutics, Inc. (NASDAQ: QLGN) is a biotechnology company based in Carlsbad, California, developing and commercializing therapies in oncology and immunology. The company is undergoing a strategic transformation to become AIxCrypto Holdings, Inc. (NASDAQ: AIXC), integrating artificial intelligence, Web3 technologies, and decentralized asset systems to accelerate innovation and global ecosystem growth.

About Faraday Future Intelligent Electric Inc.

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) is a California-based global intelligent mobility company focused on electric vehicles, smart infrastructure, and connected ecosystems. Founded in 2014, Faraday Future designs and manufactures luxury intelligent electric vehicles while expanding into AI-enabled mobility and digital platform technologies.

At the time of publishing, Stocks.News does not hold positions in companies mentioned in the article.