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The listed company Interactive Strength plans to raise 500 million dollars to acquire FET tokens

2025-06-11 20:04:43

ChainCatcher news, according to The Block, U.S. listed fitness equipment manufacturer Interactive Strength (TRNR) announced today that it plans to raise up to $500 million through a securities purchase agreement, with the proceeds intended for the purchase of Fetch.ai's FET cryptocurrency.

The company stated that it has already begun acquiring FET tokens using the $55 million initial investment from DWF Labs and ATW Partners.

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