- Interactive Strength raised $500M to buy Fetch.ai tokens, aiming to build the largest AI token treasury.
- TRNR and Fetch.ai will co-develop AI agents to scale personalized fitness services using autonomous automation.
Interactive Strength (TRNR) has raised $500 million through a Securities Purchase Agreement, aiming to use the funds solely for acquiring $FET tokens. With this move, the company is expected to build the largest US crypto treasury focused on an AI token. TRNR has already begun buying the tokens, starting with a $55 million investment backed by ATW Partners and DWF Labs.
The goal is to place TRNR at the center of a shift combining artificial intelligence and cryptocurrency. FET, a digital asset created by Fetch.ai, supports autonomous agents that perform transactions and interact in real time. These agents are already in use across sectors such as health, logistics, and financial services.
TRNR CEO Trent Ward said, “Digital assets are rapidly becoming an essential part of global financial infrastructure, and AI is the biggest technological leap in our lifetime.” Ward added that the acquisition strategy could “dramatically accelerate our mission to create significant long-term value for TRNR shareholders.”
AI Training Tools Coming to TRNR Workouts
As part of this agreement, Fetch.ai will work closely with TRNR to develop AI tools for fitness and personal training. TRNR plans to integrate these tools while keeping its main focus unchanged. “This isn’t a pivot away from our core offering, it’s an evolution within it,” said Ward. He described this approach as a “high-upside, forward-looking bet” that shareholders welcomed.
Fetch.ai is also a part of the Artificial Superintelligence Alliance. Its decentralized large language model allows agents to perform actions, not just generate responses. This setup may be applied to automate tasks such as tailoring workout plans, correcting posture in real time, and delivering intelligent coaching functions.
Ward mentioned, “The fitness sector is ripe for intelligent automation, from adaptive workout plans to real-time form correction and AI-enhanced coaching.” The firm expects its partnership with Fetch.ai to allow mass scaling of these capabilities.
We’ve entered into a strategic technology partnership with Fetch.ai to co-develop AI agents that will power personalized fitness and training services at scale,” said Ward.
Analyst Sees $FET Hitting $1.20 If $0.80 Breaks
Currently, $FET is among the top 50 cryptocurrencies and ranks in the top five AI-related tokens by market cap. At last check, it was priced at $0.7519, down 6.42% over the previous 24 hours. Despite the drop, some traders see potential buying interest around the $0.70–$0.72 range.
Crypto analyst Ted Pillows suggests that if $FET breaks above $0.80, a rapid move toward $1.10 to $1.20 could follow. He sees the current price zone as a firm support area.
TRNR appears to agree, having made a large investment in the token, which could add pressure to the upside. To handle its $FET assets, TRNR selected BitGo for trading and storage. BitGo’s system is intended to bring added protection to the process of managing a substantial crypto reserve.
