{"id":160498,"date":"2025-06-20T16:00:02","date_gmt":"2025-06-20T13:00:02","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=160498"},"modified":"2025-06-19T20:03:55","modified_gmt":"2025-06-19T17:03:55","slug":"fetch-ai-commits-50m-to-token-buyback-amid-platform-growth","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/fetch-ai-commits-50m-to-token-buyback-amid-platform-growth\/","title":{"rendered":"Fetch.AI Commits $50M to Token Buyback Amid Platform Growth"},"content":{"rendered":"<p>CEO Humayun Sheikh said the repurchase, backed by the Fetch Foundation and its market makers, aims to reflect the project\u2019s expanding ecosystem, particularly around its ASI platform and autonomous agent framework. The buyback will occur across several exchanges.<\/p>\n<p>The announcement pushed FET up 7% on the day, lifting its market cap to $1.66 billion. Still, the token remains down roughly 80% from its March 2024 peak of $3.47, now trading at around $0.69.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/blackrocks-buidl-fund-becomes-margin-collateral-on-deribit-and-crypto-com\/\" title=\"BlackRock\u2019s BUIDL Fund Becomes Margin Collateral on Deribit and Crypto.com\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/1002-5d012db4add55-240x170.\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">BlackRock\u2019s BUIDL Fund Becomes Margin Collateral on Deribit and Crypto.com<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The move comes after Fetch merged with two other AI-focused projects under the Artificial Superintelligence Alliance, retaining FET as its ticker.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blockchain project Fetch.AI has launched a $50 million buyback initiative for its FET token, citing rising platform usage and what it considers an undervalued market price.<\/p>\n","protected":false},"author":3,"featured_media":160499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-160498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin 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undervalued market price.\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-20T13:00:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/06\/Fetch-1000x512-1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/UoyhIpJ0QUV6uYL\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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Commits $50M to Token Buyback Amid Platform Growth","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/fetch-ai-commits-50m-to-token-buyback-amid-platform-growth\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/fetch-ai-commits-50m-to-token-buyback-amid-platform-growth\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/06\/Fetch-1000x512-1.webp","datePublished":"2025-06-20T13:00:02+00:00","description":"Blockchain project Fetch.AI has launched a $50 million buyback initiative for its FET token, citing rising platform usage and what it considers an undervalued market 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