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Nasdaq-listed Interactive Strength (TRNR) has announced a $500 million strategic funding facility to acquire FET tokens, the native asset of leading AI blockchain platform Fetch.ai. With an initial $55 million tranche led by ATW Partners and DWF Labs, TRNR is set to become the largest U.S. public company holding an AI-linked crypto treasury. This move positions TRNR at the intersection of artificial intelligence, blockchain, and digital fitness. The entire $500 million is earmarked exclusively for acquiring FET tokens. Trent Ward, CEO of TRNR, commented that crypto assets are becoming a core component of global financial infrastructure, and AI represents the most significant technological leap. “Fetch.ai is the market leader at the intersection of these two megatrends,” Ward said. Notably, all FET holdings will be securely managed through BitGo, a regulated, institutional-grade crypto custodian. Related: AI Crypto Hype Train? Fetch.ai (FET) Shows Signs of a Price Reversal Beyond the massive financial investment, the strategy includes a direct technology collaboration. TRNR will collaborate directly with Fetch.ai to integrate AI-powered tools into its fitness ecosystem. These include the CLMBR and FORME product lines. Fetch.ai’s agent-based AI technology will enable next-generation personalized training experiences. It will leverage decentralized large language models (LLMs) and autonomous agents. Humayun Sheikh, CEO of Fetch.ai, stated, “The Fetch.ai ecosystem enables real-time collaboration between AI agents, unlocking powerful use cases from fitness to finance.” The initial $55 million tranche is co-led by private equity firm ATW Partners and major Web3 investor DWF Labs. Andrei Grachev, Managing Partner at DWF Labs, expressed pride in supporting the initiative, stating it signals a new wave of corporate capital markets embracing AI-driven digital assets. With this initiative, TRNR joins a growing group of public companies adopting crypto as a strategic treasury asset, similar to earlier moves by companies like MicroStrategy. Several companies have announced crypto treasury strategies with assets like XRP and Solana. However, TRNR’s approach is distinguished by its AI-specific focus. Related: Webus Outlines $300M XRP Treasury Strategy in New Filing with U.S. SEC TRNR is a Nasdaq-listed fitness tech company expanding through acquisitions, including Sportstech and Wattbike. Fetch.ai is a Delaware-based AI infrastructure company and a founding member of the Artificial Superintelligence Alliance (ASI). Its FET token ranks among the top five AI cryptocurrencies by market capitalization. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

TRNR raising up to $500m to buy $FET + build a crypto treasury around AI. first $55m already in from ATW and @DWFLabs. @fetch_ai tech will power TRNR's digital fitness products - real usage, real demand. biggest ai-token treasury to date, and a major signal for Fetch + ASI. will look at price reaction, in hunt mode for good entry. so many hot things around. hope you didn’t sell in may...

Wait… a public company is aping into AI tokens? With half a BILLION dollars?? TRNR (yes, Nasdaq-listed) just made one of the biggest bets on DeAI we’ve ever seen: > Raising up to $500M to acquire $FET > $55M already deployed > Custody + trading via BitGo > Backed by @DWFLabs + ATW Partners They’re now the largest publicly listed holder of an AI-token treasury. And barely anyone’s paying attention. But this deal makes perfect sense: > $FET powers autonomous agents in finance, health, logistics > Core to the ASI alliance with Ocean + SingularityNET > Infra that scales AI ownership beyond Big Tech > Already live. Already used. DWF Labs didn’t just back the right narrative. They helped catalyze the entire thing. TradFi isn’t watching DeAI anymore. It’s buying.

RT @ns123abc: NEWS: ZUCC BACK IN FOUNDER MODE SPENDING BILLIONS TO ASSEMBLE A NEW TEAM TO REACH ASI > aims to personally hand-pick 50 new…

ASI and Sender AI are building the kind of automation crypto actually needs—clean, efficient, and secure. This project just keeps getting better with time. 🔧