TRNR Secures $500M to Buy FET and Launch AI-Focused Crypto Treasury Strategy
TLDR: TRNR to build the largest public AI-token treasury with a $500M FET acquisition plan. ATW Partners and DWF Labs back TRNR’s AI-crypto treasury with initial $55M. FET trading volume rises 33.70%, signaling market support for TRNR’s move. BitGo to provide secure custody for TRNR’s institutional FET crypto holdings. Interactive Strength Inc. (TRNR) is set [...] The post TRNR Secures $500M to Buy FET and Launch AI-Focused Crypto Treasury Strategy appeared first on Blockonomi.
TLDR:
- TRNR to build the largest public AI-token treasury with a $500M FET acquisition plan.
- ATW Partners and DWF Labs back TRNR’s AI-crypto treasury with initial $55M.
- FET trading volume rises 33.70%, signaling market support for TRNR’s move.
- BitGo to provide secure custody for TRNR’s institutional FET crypto holdings.
Interactive Strength Inc. (TRNR) is set to implement a bold crypto treasury strategy with plans to acquire $500 million in FET tokens. The fitness technology firm is blending AI innovation and blockchain into its business model with plans to establish the largest AI-token-focused crypto treasury on public markets.
The initiative combines financial technology with institutional investment support to push FET into a new era of utility and relevance.
TRNR’s announcement arrives as the FET price holds steady and market activity rises. Backed by major investors, this development reflects growing interest in AI-linked digital assets.
TRNR’s $500 Million Strategy Fuels Institutional AI-Crypto Move
TRNR confirmed a Securities Purchase Agreement that could raise up to $500 million, exclusively for acquiring FET tokens developed by Fetch.ai.
Initial funding of $55 million has already been secured through support from ATW Partners and DWF Labs. The company aims to integrate FET into its digital fitness platform while simultaneously strengthening its corporate treasury.
— Fetch.ai (@Fetch_ai) June 11, 2025
CEO Trent Ward described FET as a bridge between two major technological trends: artificial intelligence and crypto. He said the strategy would help TRNR generate long-term shareholder value. DWF Labs, one of the early backers, noted this as a sign of institutional momentum behind AI-driven digital assets.
Fetch.ai will collaborate with TRNR to enhance its AI-driven personal training services. Fetch.ai’s CEO stated that its decentralized AI model allows users to develop tools that automate real-world tasks such as healthcare bookings and personalized fitness.
The company’s technology powers agents capable of autonomous decision-making across industries like energy, logistics, and finance.
Fetch.ai is also a founding member of the Artificial Superintelligence Alliance and the original issuer of the FET token. TRNR’s treasury move is expected to align with its pending acquisitions of Sportstech and Wattbike, creating synergy across digital fitness and AI applications.
FET Price Movement Reflects Growing Market Activity
At publication, the FET price stands at $0.8078 with a daily trading range between $0.7837 and $0.8222. Trading volume surged by 33.70% in 24 hours, indicating renewed interest.
The token saw a modest 2.46% rise in the same period, while posting a 0.80% dip over the past week.
Crypto trader Ted commented on social media that $0.7 to $0.72 remains strong support for FET. He suggested a breakout above $0.8 could send the token towards the $1.1 mark.
TRNR has chosen BitGo to manage both trading and secure custody of its FET assets. This ensures institutional-grade safeguards are in place as the company builds out its crypto treasury. BitGo’s role adds a layer of credibility to the strategy.
With the token ranked among the top five AI tokens by market capitalization, the token’s integration into TRNR’s ecosystem could mark a shift in how corporate treasuries engage with digital assets tied to artificial intelligence.
The post TRNR Secures $500M to Buy FET and Launch AI-Focused Crypto Treasury Strategy appeared first on Blockonomi.
