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