Fluid has partnered with AGI3, a subsidiary of the Kinetic Group, with Kinetic planning to acquire up to 10% of the FLUID tokens.

BlockBeats News, July 24th. DeFi protocol Fluid and AGI3 Group released a governance proposal, announcing a strategic ecosystem partnership. Kinetic Group plans to acquire up to 10% of the FLUID token supply through secondary market purchases and OTC transactions, with the related tokens not coming from the DAO treasury or team allocation. The Fluid Foundation will additionally provide 5% of the FLUID tokens for custody in compliant private banks and institutional digital asset custodians in Switzerland, the EU, Hong Kong, and Singapore, with the tokens being locked up for at least four years until 2030. As part of the strategic partnership, AGI3 will grant a 2% equity stake to the Fluid Foundation, also subject to a four-year lock-up period.

AGI3, established under Kinetic Group, a private asset management group regulated by the Dubai Financial Services Authority (DFSA), focuses on building a composite financial infrastructure in the cross-border payment, banking, capital markets, and tokenization fields. The core product of the collaboration is AGI3 Markets, a licensed DeFi instance targeting institutions, equipped with KYC/AML compliance mechanisms, supporting lending and trading of RWA assets such as tokenized private credit, government bonds, commodities, stocks, and corporate bonds. Both parties have agreed that all protocol revenues and incentive budgets generated by AGI3 Markets will be split in a 50/50 ratio.