Jun 11, 2025
Markets
Forget Bitcoin: Publicly Traded Firm Building $500 Million Crypto Treasury With FET
As companies and governments consider adding Bitcoin to their treasuries, Austin, Texas-based Interactive Strength is taking a different route—committing up to $500 million to buy Fetch.ai (FET) tokens as part of a targeted cryptocurrency strategy. Rather than following the trend of holding Bitcoin as a hedge or brand signal, Interactive Strength is tying its crypto strategy directly to its AI integration roadmap, announcing the close of an initial $55 million investment by private equity firm A...
Jun 20, 2024
Artificial Intelligence
AI Tokens Surge 15% as Nvidia Tailwinds Boost Fetch.ai and Render
Artificial intelligence (AI) tokens have been booming as the category's total market cap has grown to nearly $28 billion after gaining 15% in the past day, according to CoinGecko data. Leading the charge are tokens like Fetch.ai (FET), which powers an artificial intelligence blockchain for complex machine learning, and Render (RNDR), the token behind a distributed GPU rendering network. FET has surged 30% in just the past day and is up 40% in the past month. RNDR performance in the past day has...