FLUID and AGI3 Partner; Kinetic to Buy 10% Supply, Lock 5% Until 2030
FLUID partners with AGI3 for RWA DeFi platform. Kinetic buys 10% supply; 5% locked until 2030. AGI3 grants 2% equity. Revenues split 50/50.
Woofun AI reports that FLUID and AGI3 have submitted a governance proposal establishing a strategic partnership. Kinetic Group intends to acquire up to 10% of the FLUID token supply via secondary markets and OTC deals, excluding DAO or team allocations. The FLUID Foundation will deposit an additional 5% of tokens with compliant custodians in Switzerland, the EU, Hong Kong, and Singapore, locking them until 2030. In return, AGI3 grants 2% equity to the FLUID Foundation, also locked for four years. AGI3, a subsidiary of Dubai-regulated Kinetic Group, focuses on financial infrastructure. The collaboration centers on AGI3 Markets, a licensed DeFi platform for RWA assets like tokenized credit and bonds. Protocol revenues and incentives from this platform will be divided equally between the parties.
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