ASI Alliance’s FET Token Gets a Major Boost from a New $50 Million Buyback Program

The Fetch.ai Foundation has announced a $50 million buyback program for its FET token. The FET token is the core asset of the newly formed Artificial Superintelligence (ASI) Alliance. The news has caused the FET price to rise nearly 5% as technicals show reversal signs. As the United Arab Emirates plans to give an artificial intelligence a seat at its cabinet table by 2026, a different kind of AI revolution is consolidating power in the world of decentralized technology. At the center of this AI revolution stands the Artificial Superintelligence Alliance (ASI), with FET from Fetch.ai as its beating heart. The United Arab Emirates just announced that in 2026, one of the government’s cabinet seats will be reserved for an AI Advisor. Forward thinking and brilliant. Now, it would be even better if the AI is decentralized, running on ASI Alliance & $FET infrastructure. pic.twitter.com/liZ87SGR9P — Artificial Superintelligence Community (@ASI_Community) June 20, 2025 The Rise of ASI and FET’s Central Role The Artificial Superintelligence Alliance, launched in 2024, is the result of a merger between Fetch.ai, SingularityNET, and Ocean Protocol, creatin… The post ASI Alliance’s FET Token Gets a Major Boost from a New $50 Million Buyback Program appeared first on Coin Edition .

Source: Coin Edition