Interactive Strength to launch the world’s first AI crypto treasury with Fetch.ai

  • Interactive Strength is building a $500M AI crypto treasury with Fetch.ai’s $FET token.
  • ATW and DWF Labs have backed the initiative with an investment of $55 million.
  • Interactive Strength has also chosen BitGo to handle the custody and trading of its $FET holdings.

Interactive Strength Inc. (Nasdaq: TRNR), a US-listed fitness equipment manufacturer known for its CLMBR and FORME fitness brands, has announced plans to acquire Fetch.ai tokens to create what it claims will be the world’s first corporate AI crypto treasury.

This bold move places Interactive Strength at the heart of two rapidly evolving sectors: AI-driven technology and decentralised digital assets.

Interactive Strength’s $500 million bet on AI and crypto

According to the announcement made on June 11, Interactive Strength has entered into a Securities Purchase Agreement to raise up to $500 million in capital, with all proceeds earmarked exclusively for acquiring Fetch.ai’s $FET tokens.

The company has already secured an initial $55 million investment from private equity firm ATW Partners and crypto market maker DWF Labs to begin acquiring FET tokens.

According to Interactive Strength, the initiative is expected to make it the holder of the largest publicly listed crypto treasury focused on an AI-powered digital asset.

CEO Trent Ward emphasised that this strategy is designed to unlock long-term value for shareholders while leveraging the explosive potential of artificial intelligence in the fitness industry.

Merging AI agents with personalised fitness

As part of this transformative initiative, Interactive Strength is forming a deep technology collaboration with Fetch.ai, a leading developer of decentralised AI agent infrastructure.

The partnership aims to integrate Fetch.ai’s autonomous AI agents into TRNR’s digital fitness ecosystem, which powers smart fitness equipment and virtual coaching through the FORME and CLMBR brands.

With this integration, the company hopes to deliver personalised, AI-driven coaching solutions that adapt to user needs in real time, ultimately transforming how people interact with fitness technology.

Fetch.ai’s decentralised agents are designed to transact and collaborate autonomously, which could lead to highly customised experiences across health and wellness platforms.

Interactive Strength has received institutional support for the initiative

The AI crypto treasury plans announcement has drawn strong backing from institutional players, with ATW Partners and DWF Labs not only investing capital but also signalling confidence in TRNR’s vision.

According to DWF Labs Managing Partner Andrei Grachev, the initiative represents a landmark step in driving institutional adoption of crypto assets tied to artificial intelligence.

Interactive Strength has also chosen BitGo, a top-tier digital asset custodian, to handle the custody and trading of its $FET holdings, adding another layer of institutional-grade security to the operation.

This strategic approach is not only designed to enhance financial flexibility but also to support TRNR’s broader ambitions in AI-driven services and digital asset management.

The AI treasury strategy also coincides with Interactive Strength’s ongoing acquisition efforts, including the pending purchases of Sportstech Brands Holding GmbH and Wattbike.

Sportstech has already reported 36% year-over-year revenue growth for April 2025, with revenues reaching approximately $54 million, which TRNR believes will complement its expanding digital fitness platform.

Despite operating with negative gross margins and short-term obligations that exceed its liquid assets, the company has achieved over 445% revenue growth over the past twelve months, signalling strong business momentum.

Recent financial activities, including a $725,000 convertible note and preferred stock dividends, further highlight TRNR’s efforts to fuel expansion and innovation through strategic capital deployment.

Fetch.ai brings decentralised intelligence to the table

At the core of this partnership is Fetch.ai’s decentralised platform, which features the world’s first large language model designed for autonomous action, not just content generation.

Fetch.ai CEO Humayun Sheikh stated that their AI agents are built to interact and transact in real time, opening up monetisation opportunities across industries such as logistics, health care, and energy.

These agents are the backbone of the Agentverse platform, which aims to redefine the user-service relationship by replacing traditional search with dynamic, intelligent interactions.

For TRNR, integrating this level of AI functionality means not only offering innovative fitness services but also giving shareholders exposure to one of the fastest-growing segments of the crypto market.

As the company moves forward with its token acquisition and technology rollout, investors and industry watchers alike will be paying close attention to how this hybrid model performs in a rapidly changing digital landscape.

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XRP eyes fresh gains as Bitcoin correlation hits 0.91, RSI turns bullish

  • RSI remains above 50, indicating bullish momentum.
  • Resistance targets include $2.38 and $2.50.
  • A drop below $2.20 could invalidate the current rally.

XRP appears to be aligning itself closely with Bitcoin’s performance, as fresh data shows a 0.91 correlation between the two cryptocurrencies.

With Bitcoin hovering near $110,000, this unusually tight relationship is strengthening the case for a potential price surge in XRP.

Technical indicators like the Relative Strength Index (RSI) also suggest a build-up of buying pressure.

As broader market momentum improves, XRP’s price action is increasingly seen as part of a larger bullish wave across the crypto space, raising the possibility of a breakout beyond its current range.

Strong Bitcoin correlation boosts XRP

XRP’s 0.91 correlation with Bitcoin highlights a clear pattern: the altcoin tends to rally when Bitcoin moves upward.

This current high correlation is particularly significant, given Bitcoin’s attempt to breach its previous all-time highs.

Historically, XRP has often mirrored Bitcoin’s trends, especially during strong bull cycles.

When the correlation weakens, XRP usually underperforms, but with the metric climbing again, traders are taking this as a potential bullish signal.

Bitcoin’s recent stability near the $110,000 mark is reinforcing this sentiment.

Market watchers note that when BTC remains strong at key levels, altcoins like XRP typically gain in both price and volume.

This is setting the stage for XRP to maintain upward momentum in the near term, especially if Bitcoin continues to test resistance levels above $110,000.

RSI supports a bullish trend for XRP

One of the key indicators showing positive momentum for XRP is the Relative Strength Index (RSI), which currently remains above the neutral 50 mark.

This signals an increase in buying activity, with bulls maintaining control over the asset.

If the RSI continues in this direction, XRP could build up the strength needed to challenge higher resistance zones.

Momentum-based traders are likely to keep a close eye on this trend.

With the RSI staying above the halfway line, it reflects sustained interest in the token from both retail and institutional players.

The technical structure now favours buyers, as the RSI has consistently held in the bullish range for several days.

This upward pressure could catalyse a fresh move in the altcoin’s price.

XRP stabilises above support, targets new resistance

XRP is currently trading at $2.33. The altcoin has managed to hold above the $2.27 support level, a crucial zone for maintaining its bullish setup.

XRP price
Source: CoinMarketCap

Should XRP continue to hold this level, the next target would be the $2.38 resistance, which has previously acted as a strong ceiling.

A break above $2.38 and a successful retest as support could propel XRP towards $2.50, a level that would reinforce its bullish momentum.

However, a failure to defend $2.27 could open the door to short-term weakness.

Key downside targets include $2.20 and $2.13, with a move below these levels risking a complete invalidation of the recent uptrend.

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Hype Coin breaks $42 again as Hyperliquid hits $1.73B TVL

  • RSI at 73.76 flags short-term overbought conditions.
  • Futures open interest reaches $1.89 billion, an all-time high.
  • Annual fees of $851 million back ongoing token buybacks.

Hyperliquid’s native token HYPE has surged past $42 for the fourth time in 2025, drawing renewed attention to its performance as one of the top DeFi assets by market engagement, futures open interest, and Layer-1 network activity.

hype price
Source: CoinMarketCap

Unlike short-lived meme coin rallies, this price action comes on the back of growing institutional activity, whale accumulation, and rising protocol usage that has pushed Hyperliquid’s total value locked (TVL) to $1.73 billion.

At the time of writing, the HYPE token is in price discovery, buoyed by a series of on-chain and technical indicators showing significant upward momentum.

The latest move above $42 has not only sustained but extended gains made since early April, when the coin traded near $9.29.

Since then, HYPE has jumped more than 350%, becoming a focal point for both retail and professional traders in the decentralised finance (DeFi) space.

On-chain data shows whale accumulation

A cluster of large transactions involving millions in USDC and SOL highlights the growing interest from high-conviction traders.

Two separate wallets deposited $19.43 million in USDC to open 5x long positions on HYPE futures.

In another major move, one whale used $11.8 million in SOL as collateral to borrow $4 million in USDC and proceeded to buy and stake 126,353 HYPE tokens at a price of $39.10.

A third wallet purchased 259,367 HYPE using $9.97 million in USDC, showing that capital inflows are not just speculative but strategically placed.

The open interest on HYPE futures has reached an all-time high of $1.89 billion, according to Coinglass.

This aligns with a sharp increase in platform fees and user activity.

Technical indicators signal bullish strength

The HYPE/USDT chart confirms a strong parabolic move that places the token’s momentum in overbought territory.

The Relative Strength Index (RSI) currently sits at 73.76, suggesting that while bullish pressure is dominant, short-term corrections may occur.

The MACD shows a bullish crossover above the zero line, although the histogram has begun to flatten, indicating that momentum may be levelling off.

Another key metric, the BBTrend momentum indicator, remains elevated.

While this reflects sustained bullish interest, such prolonged readings often precede price volatility or sharp pullbacks, particularly when parabolic price curves begin to test structural support.

Current resistance lies near $44.50. A breakout above this level could set off a new rally targeting $50.

If the price fails to hold $38, it could retrace to $34 or even as low as $26.89, which remains a critical support level.

Hyperliquid ecosystem metrics rise sharply

The Hyperliquid platform continues to record strong growth across multiple fronts.

According to DeFiLlama, TVL now stands at $1.73 billion, placing it among the most liquid Layer-1 DeFi protocols.

Artemis data shows that daily fees reached $2.99 million, outperforming even Ethereum and Solana on certain days.

With an annual revenue of $851 million and 97% of that earmarked for token buybacks, the HYPE token’s price floor has gained further strength.

The fully diluted valuation (FDV) now stands at $42.05 billion, making HYPE one of the most valuable DeFi assets by market cap.

These metrics point to a deepening user base and growing institutional trust.

With sustained open interest, high daily activity, and whale support, Hyperliquid is positioning itself as more than just another token rally — it’s becoming a major infrastructure layer within the DeFi ecosystem.

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