Interactive Strength is building a $500M AI crypto treasury with Fetch.ai’s $FET token. ATW and DWF Labs have backed the initiative with an investment of $55 million. Interactive Strength has also chosen BitGo to handle the custody and trading of its $FET holdings. Interactive Strength Inc. (Nasdaq: TRNR), a US-listed fitness equipment manufacturer known for […] Сообщение Interactive Strength to launch the world’s first AI crypto treasury with Fetch.ai появились сначала на КриптоВики.
Interactive Strength Inc. (Nasdaq: TRNR), a US-listed fitness equipment manufacturer known for its CLMBR and FORME fitness brands, has announced plans to acquire Fetch.ai tokens to create what it claims will be the world’s first corporate AI crypto treasury.
This bold move places Interactive Strength at the heart of two rapidly evolving sectors: AI-driven technology and decentralised digital assets.
According to the announcement made on June 11, Interactive Strength has entered into a Securities Purchase Agreement to raise up to $500 million in capital, with all proceeds earmarked exclusively for acquiring Fetch.ai’s $FET tokens.
The company has already secured an initial $55 million investment from private equity firm ATW Partners and crypto market maker DWF Labs to begin acquiring FET tokens.
According to Interactive Strength, the initiative is expected to make it the holder of the largest publicly listed crypto treasury focused on an AI-powered digital asset.
CEO Trent Ward emphasised that this strategy is designed to unlock long-term value for shareholders while leveraging the explosive potential of artificial intelligence in the fitness industry.
As part of this transformative initiative, Interactive Strength is forming a deep technology collaboration with Fetch.ai, a leading developer of decentralised AI agent infrastructure.
The partnership aims to integrate Fetch.ai’s autonomous AI agents into TRNR’s digital fitness ecosystem, which powers smart fitness equipment and virtual coaching through the FORME and CLMBR brands.
With this integration, the company hopes to deliver personalised, AI-driven coaching solutions that adapt to user needs in real time, ultimately transforming how people interact with fitness technology.
Fetch.ai’s decentralised agents are designed to transact and collaborate autonomously, which could lead to highly customised experiences across health and wellness platforms.
The AI crypto treasury plans announcement has drawn strong backing from institutional players, with ATW Partners and DWF Labs not only investing capital but also signalling confidence in TRNR’s vision.
According to DWF Labs Managing Partner Andrei Grachev, the initiative represents a landmark step in driving institutional adoption of crypto assets tied to artificial intelligence.
Interactive Strength has also chosen BitGo, a top-tier digital asset custodian, to handle the custody and trading of its $FET holdings, adding another layer of institutional-grade security to the operation.
This strategic approach is not only designed to enhance financial flexibility but also to support TRNR’s broader ambitions in AI-driven services and digital asset management.
The AI treasury strategy also coincides with Interactive Strength’s ongoing acquisition efforts, including the pending purchases of Sportstech Brands Holding GmbH and Wattbike.
Sportstech has already reported 36% year-over-year revenue growth for April 2025, with revenues reaching approximately $54 million, which TRNR believes will complement its expanding digital fitness platform.
Despite operating with negative gross margins and short-term obligations that exceed its liquid assets, the company has achieved over 445% revenue growth over the past twelve months, signalling strong business momentum.
Recent financial activities, including a $725,000 convertible note and preferred stock dividends, further highlight TRNR’s efforts to fuel expansion and innovation through strategic capital deployment.
At the core of this partnership is Fetch.ai’s decentralised platform, which features the world’s first large language model designed for autonomous action, not just content generation.
Fetch.ai CEO Humayun Sheikh stated that their AI agents are built to interact and transact in real time, opening up monetisation opportunities across industries such as logistics, health care, and energy.
These agents are the backbone of the Agentverse platform, which aims to redefine the user-service relationship by replacing traditional search with dynamic, intelligent interactions.
For TRNR, integrating this level of AI functionality means not only offering innovative fitness services but also giving shareholders exposure to one of the fastest-growing segments of the crypto market.
As the company moves forward with its token acquisition and technology rollout, investors and industry watchers alike will be paying close attention to how this hybrid model performs in a rapidly changing digital landscape.
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