Intellistake Hits Milestone with 1 Million FET Third-Party Stake on Its Validator
Intellistake Technologies Corp. (OTC: $ISTKF) said Monday that an external token holder has staked 1 million FET (CRYPTO: $FET) tokens on the company’s validator node, marking the first third-party delegation to its infrastructure within the ASI Alliance ecosystem.
The ASI Alliance, which includes the FET token and the Fetch.ai blockchain, is designed to support decentralized artificial-intelligence and agent-based networks. Intellistake said that its validator node earns staking rewards of approximately 5-8% annual percentage rate (APR) on tokens it stakes directly, and it also earns an 8% service fee on rewards generated by third-party delegators.
In its press release, the company said the delegation confirms that its blockchain infrastructure is live and trusted by external ecosystem participants. “This milestone underscores our ability to capture dual returns, both from validator operations and from external staking activity,” said Jason Dussault, CEO of Intellistake.
The company emphasised that validator operations are a key component of its strategy to build decentralized-AI infrastructure, asserting that the combination of on-chain network services and enterprise AI initiatives creates a unique value proposition. With the live node now attracting third-party capital, Intellistake expects revenue diversification away from solely internal staking.
The development positions the company among early public-market players facilitating AI-native staking and decentralized infrastructure services.
Shares of Intellistake Technologies Corp. (ISTKF) are trading at US$1.81, up 9.70 percent today.