Nasdaq-listed fitness company plans to raise $500 million for FET crypto treasury

Description

Interactive Strength announces plans to raise up to $500 million to build a crypto treasury focused on Fetch.ai's FET tokens, having already received $55 million from DWF Labs and ATW Partners.

Authors

Danny Park

Publish date

June 11, 2025

Publisher

The Block

Web URL

https://www.theblock.co/post/357730/nasdaq-listed-fitness-company-to-raise-for-fet-crypto-treasury

Referenced by

Interactive Strength to acquire $500M of Fetch.ai tokens

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News story

Trent Ward, CEO of Interactive Strength, said in a statement. "We believe our strategy to acquire a significant number of FET tokens could dramatically accelerate our mission to create significant long-term value for TRNR shareholders.”

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As part of the deal, Fetch.ai will partner with Interactive Strength to enhance its AI-driven personal training platform.

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