AIxCrypto Taps Legal Chief to Navigate AI and Web3 Regulatory Maze
Following a radical pivot from biotech, AIxCrypto hires a legal head to tackle the complex compliance challenges at the intersection of AI and crypto.
AIxCrypto Taps Legal Chief to Navigate AI and Web3 Regulatory Maze
By Kenneth Walker
LOS ANGELES, CA – December 17, 2025 – In a move signaling a serious commitment to navigating the treacherous regulatory waters of emerging technology, AIxCrypto Inc. (NASDAQ: AIXC) today announced the appointment of Andrew Grossman as its new Head of Legal. The appointment comes just weeks after the company finalized a dramatic pivot from biotechnology to the volatile and complex intersection of artificial intelligence and cryptocurrency, placing Grossman at the helm of its legal, compliance, and governance strategy.
His role is a critical one for a company that has staked its future on bridging the worlds of Web2 and Web3. Grossman will be responsible for a wide array of high-stakes functions, including SEC disclosures, investment compliance, the architecture of digital asset protocols, and major strategic agreements. This strategic hire underscores a growing awareness in the industry: for companies operating at the nexus of AI and blockchain, a robust legal framework is not just a defensive measure, but a core component of long-term commercial viability.
A Strategic Hire for a New Frontier
Andrew Grossman brings a formidable resume to AIxCrypto, with deep experience in securities regulation, corporate structuring, and intellectual property—all tailored for high-growth public companies. Crucially, his expertise extends into the nascent and legally ambiguous realms of digital asset ecosystem architecture and Web3 compliance, making him a key asset in the company’s ambitious new venture.
In a statement from the company's press release, Grossman acknowledged the unique position of AIxCrypto. "AIxC is strategically positioned at the convergence of Web3 and AI," he said. "I look forward to architecting the legal and governance frameworks that will allow us to bridge these ecosystems, ensuring we unlock sustainable commercial value while setting the standard for responsible innovation."
This mission to set a new standard is particularly timely. The appointment is not just about managing risk but about building a foundation for growth. Grossman's mandate is to create a compliance structure that can withstand the scrutiny of regulators while enabling the company to innovate with products like its BesTrade DeAI Agent, an AI-powered crypto trading platform. The company is betting that proactive and sophisticated legal strategy will become a significant competitive advantage.
From Biotech to Blockchain: A Radical Transformation
The hiring of a legal chief with Grossman's profile solidifies one of the more audacious corporate pivots in recent memory. Until November 20, 2025, AIxCrypto was known as Qualigen Therapeutics, Inc. (NASDAQ: QLGN), a company focused on developing therapies for oncology and immunology. Following a strategic investment that gave electric vehicle maker Faraday Future Intelligent Electric, Inc. (NASDAQ: FFAI) a majority stake of over 62%, the company was completely rebranded.
This transformation is part of what the company calls a "dual flywheel, dual bridge" strategy, aiming to create a symbiotic relationship between Faraday Future's focus on Embedded AI (EAI) in vehicles and AIxCrypto's development of a crypto and blockchain ecosystem. The company aims to become a "gateway to the emerging AI Web3 world," with a roadmap that includes expanding its C10 crypto index treasury to $50 million in assets under management and launching its own ecosystem tokens.
Faraday Future's backing provides more than just capital. The press release notes that Grossman's leadership will enable AIxCrypto to "leverage and extend the compliance foundations established in partnership with Faraday Future." This suggests an intent to import established public company governance and compliance practices into the often-unruly world of Web3, a move likely aimed at reassuring investors and regulators alike.
Navigating a Complex Regulatory Gauntlet
Grossman steps into his role at a pivotal moment for digital asset and AI regulation in the United States and globally. The landscape is a rapidly shifting mosaic of new rules, enforcement actions, and legislative proposals. In the U.S., the regulatory environment for crypto remains fragmented. While the Commodity Futures Trading Commission (CFTC) has shown a willingness to innovate, recently launching a digital assets pilot program, the Securities and Exchange Commission (SEC) has been a source of significant uncertainty.
However, 2025 has seen a potential thaw. Under a new administration, the SEC has reportedly paused or dismissed a significant number of crypto-related cases and formed a dedicated "Crypto Task Force" led by the famously pro-innovation Commissioner Hester Peirce. This suggests a move toward creating a clearer legislative framework, though the risk of enforcement for non-compliance remains high. Furthermore, new laws like the GENIUS Act are imposing bank-like requirements on stablecoin issuers, demanding full AML/KYC compliance and 1:1 reserves.
On the global stage, the European Union’s comprehensive Markets in Crypto-Assets (MiCA) regulation, which became fully effective in late 2024, has set a high bar for compliance, influencing regulatory approaches worldwide. For a company like AIxCrypto with global ambitions, navigating these disparate and demanding legal frameworks is a monumental task.
The Dual Challenge of AI and Web3 Governance
Compounding the complexity is the parallel evolution of AI regulation. While AIxCrypto builds its blockchain ecosystem, it must also contend with a burgeoning set of rules governing artificial intelligence. In the U.S., a new federal Executive Order issued on December 11, 2025, aims to create a national, "minimally burdensome" standard for AI policy, directly challenging more stringent state-level laws like the Colorado AI Act.
This clash between federal and state approaches creates a compliance minefield for companies deploying AI systems, which now face obligations related to algorithmic impact assessments, transparency, and data governance. Grossman's task will be to build a governance model that is resilient to these jurisdictional conflicts and anticipates future regulatory trends.
By appointing a legal expert with a mandate to build a robust framework from the ground up, AIxCrypto is making a clear statement. The company is not just entering the AI and Web3 space; it is attempting to build an enduring enterprise by treating regulatory compliance and responsible governance as pillars of its core strategy. This strategic fortification signals a clear intent to build a lasting enterprise at the convergence of two of the world's most disruptive technologies.
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