Intellistake Announces C$500,000 FET Allocation, Advancing Strategic Entry into Decentralized AI Infrastructure -- A Token from a Network with Past Industry Initiatives with BMW & Bosch
Key Highlights:
- C$500,000 FET Allocation: Intellistake has announced a deployment of C$500,000 FET to its validator node on the Fetch.ai network, marking an additional strategic digital asset allocation. FET, a core asset of the ASI Alliance, the world's largest decentralized artificial general intelligence ("AGI") initiative. AGI refers to AI systems designed to learn, reason, and adapt across a wide range of tasks -- closer to human-like intelligence than today's specialized AI models.
- Building on Previous Milestones: This allocation follows the successful deployment of Intellistake's wallet and validator infrastructure (August 6, 2025) and the acquisition of stablecoins as a base layer into digital assets (August 14, 2025).
- FET Industry Significance: FET is a top-75 market cap cryptocurrency, with a market capitalization of approximately US $1.4 billion, daily trading volume approx. US $93 million--making it one of only nine AI tokens globally to surpass the $1 billion mark. The token has deep roots in real-world innovation, originally developed by Fetch.ai--a MOBI consortium member alongside BMW and Bosch.
- FET Guided by AGI Leadership: Led in part by Dr. Ben Goertzel, widely recognized as "the father of AGI" and a leading advocate for open, decentralized intelligence frameworks, featured on platforms such as Joe Rogan and Lex Fridman.
- FET Staking Operations: Access to staking opportunities with current yields of 5-8% APR, subject to network conditions and market risks
- Market Position: Entering the AI digital currency sector, which experienced 208% growth in 2024
VANCOUVER, BC, Oct. 7, 2025 /CNW/ - Intellistake Technologies Corp. (CSE: ISTK) (OTCQB: ISTKF) (FSE: E41) ("Intellistake" or the "Company") today announces a strategic allocation of digital assets. Following the successful deployment of wallet infrastructure and initial capital preparation (please refer to press releases dated August 6 and August 14, 2025), the Company will acquire and stake C$500,000 FET to its validator node on the Fetch.ai network. This allocation marks Intellistake's operational entry into decentralized artificial intelligence ("AI") infrastructure, supporting the Artificial Superintelligence Alliance ("ASI")--the world's largest open-source initiative dedicated to Artificial General Intelligence ("AGI") development¹, a form of AI designed to learn, reason, and adapt across a wide range of tasks, closer to human-like intelligence, rather than being narrowly focused like today's specialized AI models2--and strengthening participation in a token ecosystem with past industry initiatives involving BMW and Bosch3.
As of October 3, 2025, FET ranks among the top 75 cryptocurrency tokens by market capitalization4. Formed by Fetch.ai, SingularityNET, Ocean Protocol, and Cudos, the ASI Alliance is a collaborative initiative focused on building decentralized, interoperable AI systems designed to preserve data privacy, promote open-source collaboration, and accelerate the development of AGI. The FET token was originally developed by Fetch.ai, a member of the MOBI consortium--an industry group focused on mobility blockchain standards that includes companies such as BMW and Bosch³. In addition, Deutsche Telekom--Europe's largest telecommunications provider and parent company of T-Mobile--supports the Fetch.ai network through its subsidiary T-Systems MMS, which operates validator infrastructure for the FET token5.
The announcement comes at a pivotal time. In 2024, AI digital assets surged 208%, reaching a total market capitalization of US$61.5 billion6. Grayscale's AI digital asset sector grew from US$4.5 billion in Q1 2023 to about US$21 billion by mid-20257, validating rising demand for decentralized AI infrastructure from both institutional and retail markets.
With its C$500,000 additional FET allocation, Intellistake will stake directly on its own FET validator node (fetchvaloper1mm4aa88daqg9ah9fd20ae08zlwg33dxg99856x), helping to operate and secure the network while earning yield from the protocol. Intellistake's validator is publicly viewable on the Fetch.ai Mintscan explorer offering transparent tracking of performance and uptime. In simple terms, staking is the process of locking up digital assets to help run a blockchain network such as FET; in return, participants earn yield. Beyond staking its own holdings, Intellistake also enables third parties to delegate FET to its validator node. When external token holders participate, the Company earns a service commission of 8% on the yield generated, further leveraging its validator infrastructure to support network participation and provide operational revenue opportunities.
FET currently offers estimated annual percentage returns ("APR") of 5–8%8,9, with the current rate at approximately 6.24% APR10, subject to network conditions. As of October 3, 2025, the token had a market capitalization of approximately US $1.4 billion and daily trading volume of around US $93 million11--making it one of only nine AI tokens globally to surpass the $1 billion mark12.
"The emergence of beneficial AGI will be shaped not only by innovations in science and engineering, but by the structure and dynamics of the global economy -- both traditional and crypto. By adding FET to its holdings, Intellistake is helping us move toward a future where intelligence is open, transparent, and collectively guided. At this unique juncture in history, with AI advancing faster than ever, nothing could be more critical." -- Dr. Ben Goertzel, CEO & Chief Scientist, Artificial Superintelligence Alliance (FET)
"We're positioning ourselves at the intersection of two of the most transformative technologies of our time--artificial intelligence and blockchain," said Jason Dussault, CEO of Intellistake Technologies Corp. "While traditional AI models, such as large language models (LLMs), are powerful tools for processing information and generating content, they remain narrowly focused and centrally controlled. In contrast, true artificial general intelligence (AGI) aims to reason, learn, and act autonomously. For AGI to benefit humanity, it must be developed in a way that is open, transparent, and decentralized--something leaders like Dr. Ben Goertzel, often referred to as the father of AGI13, and the Artificial Superintelligence Alliance (ASI) are actively working toward. We feel incredibly fortunate to have recognition from Dr. Ben Goertzel and to be in a position to actively support the infrastructure that the ASI Alliance is building. By investing in this ecosystem, we've had the advantage and privilege to meet and work directly with the C-suite of SingularityNET. This gives us active governance and access to their AGI research, agent deployment and catalogues, cloud compute, data storage, and data sovereignty.
If you've followed conversations on podcasts like Joe Rogan or Lex Fridman, you'll be no stranger to the name Dr. Ben Goertzel, where he addresses a recurring theme: AGI must not be confined to corporate silos. He's long championed the vision of a decentralized intelligence framework, and through the ASI Alliance--and the FET token--that vision is now taking form."
Today's announcement confirms Intellistake's additional strategic digital asset allocation, with C$500,000 FET to be deployed to its validator node on the Fetch.ai network. This marks the execution phase of the Company's broader strategy to participate in and support AI-focused blockchain networks. Intellistake remains committed to aligning its holdings with the global shift toward decentralized technologies while leveraging validator infrastructure to generate yield and long-term value for stakeholders. This purchase also supports the development of the Company's AI Agent technology, which is being developed for deployment within blockchain-based environments (for example Intelliscope which is developed within the FET token ecosystem) where validator operations and smart contract interactions are required. Further updates will be provided as additional milestones are reached.
Sources:
About Intellistake
Intellistake Technologies Corp. (CSE: ISTK) is developing software solutions that leverage decentralized AI infrastructure to deliver enterprise-grade intelligence. Through validator operations, strategic token participation, and the development of enterprise AI agents, Intellistake seeks to bridge the gap between emerging decentralized networks and real-world industry adoption.
For additional information on the business of Intellistake please refer to https://www.intellistake.ai/.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" concerning anticipated developments and events related to the Company that may occur in the future. Forward looking information contained in this news release includes, but is not limited to, all statements in respect of the Company's growth and development, expectations regarding the digital currency market, expectations regarding FET token, its utility and growth profile, the operations and business segments of the Company, support for decentralized AI and blockchain networks, the acquisition and deployment of FET token for validatory and staking operations, expectations regarding validator operations including rewards and revenue generation, the Company's development of its technology, the functionality of its technology, testing of its technology, customer acquisitions and related matters.
In certain cases, forward-looking information can be identified by the use of words such as "expects", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "would", or "might" suggesting future outcomes, or other expectations, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain assumptions regarding, among other things, the Company will continue to have access to financing until it achieves profitability; the technology and blockchain industries in which the Company intends to focus its business in will grow at the rate and in the manner expected; the ability to attract qualified personnel; the success of market initiatives and the ability to grow brand awareness; the ability to distribute Company's services; the Company creates strategies to mitigate risks associated with cryptocurrency price fluctuations; the Company remains compliant with all applicable laws and securities regulations; the Company engages and collaborates with local experts, as necessary, to address jurisdiction-specific matters and ensures compliance with foreign regulations to avoid penalties; the Company addresses any potential cybersecurity threats promptly and effectively; the ability of the Company to develop its technology, acquire customers and have revenue; the ability to successfully deploy the new business strategy as a result of the change of business. While the Company considers these assumptions to be reasonable, they may be incorrect.
Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed by the forward-looking information. Such factors include risks related to general business, economic and social uncertainties; failure to raise the capital necessary to fund its operations; inability to create strategies to mitigate the risks associated with cryptocurrency price fluctuations; the costs of regulation in the digital asset industries increase to the extent that the Company is no longer generating sufficient returns for shareholders; failure to promptly and effectively address cybersecurity threats; insufficient resources to maintain its operations on a competitive basis; and the actual costs, timing and future plans differs expectations; legislative, environmental and other judicial, regulatory, political and competitive developments; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the Company's success may depend on the continued involvement of key personnel, including advisors, whose involvement cannot be guaranteed; institutional adoption of decentralized AI infrastructure remains uncertain and may not occur at the pace or scale anticipated; evolving regulatory frameworks, including those related to AI (such as Canada's proposed Artificial Intelligence and Data Act), may impose additional compliance burdens or restrict certain business activities; valuation figures are based on publicly available market data and internal assessments at the time of the referenced transactions and may not reflect current or future valuations; the volatility of digital currency prices; the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties; delay or failure to receive regulatory approvals; failure to attract qualified personnel, labour disputes; and the additional risks identified in the "Risk Factors" section of the Company's filings with applicable Canadian securities regulators.
Although the Company has attempted to identify factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update forward-looking information.
SOURCE Intellistake Technologies Corp.
Company Contact: Alice Cherrington, VP of Communications, [email protected], +1 (888) 480-5052
Share this article