Interactive power (TRNR), a Nasdak-The fitness technology company is included in the area of digital assets by launching what it describes as the first intelligent encryption wardrobe.
The company plans to acquire $ 500 million Fetch.ai’s Fet symbolsAccording to June 11 advertisement.
TRNR started building its symbolic location, with the support of an initial investment of $ 55 million from ATW Partners and Crypto Market DWF Laboratory.
Betch.ai CEO of Humayun Sheikh He said The company implements these symbols purchases in the open market and not through a non -prescription deal (OTC). He also explained that Fetch.AI has no role in the purchase.
TRNR works with Bitgo To deal with Fet property trading and custody.
Meanwhile, this advertisement has already had a significant impact on the market on these assets. according to Cryptoslate DataThe Fet price increased by more than 3 % to $ 0.81868 at the time of the press. TRNR also witnessed a sharp gain, as it rose more than 12 % to $ 0.89, based on Google Finance Data.
Why choose TRNR Fetch.ai
TRNR explained that she chose Fetch.AI to lead her to combine artificial intelligence with Blockchain technology.
TRENT Ward, CEO of TRNR, stated that Fetch.AI sits at the forefront of these two transformative directions who could add value to its shareholders. He said:
“Digital assets quickly have become an essential part of the global financial infrastructure, and artificial intelligence is the largest technological leap in our lives … We believe that our strategy is to get a large number of Fet codes that can greatly accelerate our mission to create a long -term value for TRNR shareholders.”
As part of this initiative, Fetch.AI will cooperate with TRNR to enhance digital fitness services and apply on the Acting Personal Training Platform.
The sheikh said:
“For Fetch.AI, it is important to use our technology, so companies will need FET. This is a great victory not only for Fetch_AI but also for encryption as a whole. A business model for the real benefit for construction. This is not different from using $ Fet to reach ASI1 and Agentvert levels.”
Fetch.ai politics decentralized artificial intelligence agents are able to improve medical research, energy, logistics and financing.
The network is a member of Artificial Alliance (ASI) The first decentralized language model (LLM) includes designed for independent procedures.