Summary
This proposal approves a Strategic Institutional Ecosystem Partnership with AGI3 and, as part of the proposal, Fluid governance will allocate 5% of the total $FLUID supply to support integrations with regulated private banks and institutional-grade digital asset custodians across Switzerland, the European Union, Hong Kong, and Singapore. The tokens will first be transferred to the team multisig (0x4F6F977aCDD1177DCD81aB83074855EcB9C2D49e) and subsequently moved into a dedicated wallet before distribution to the relevant custodial partners.
Code Changes
Action 1: Withdraw 5,000,000 FLUID from Treasury to Team Multisig
- FLUID Token Contract:
0x6f40d4A6237C257fff2dB00FA0510DeEECd303eb
- Withdrawal Amount:
5,000,000 FLUID (5_000_000 * 1e18) — 5% of total supply
- Source: Treasury DSA (
0x28849D2b63fA8D361e5fc15cB8aBB13019884d09)
- Recipient: Team Multisig (
0x4F6F977aCDD1177DCD81aB83074855EcB9C2D49e)
- Method: Token withdrawal via the
BASIC-A connector from the Treasury DSA
Description
Kinetic Group plans to acquire up to 10% of the $FLUID token supply through open-market buys, over-the-counter deals, and other negotiated arrangements. None of these tokens are coming from the DAO treasury or team allocation.
Separately, Fluid Foundation will provide a 5% allocation of the $FLUID tokens for enabling custody within regulated private banks and institutional digital asset custodians in Switzerland, the EU, Hong Kong, and Singapore. These institutions operate under FINMA, MiCA, HKMA, and MAS oversight and meet high standards of asset protection, governance, and operational resilience. This multi-custodian approach signals a true institutional adoption. Additionally, this approach will make $FLUID available for the clients of these financial institutions. These tokens will be legally locked for at least 4 years until 2030.
As part of the strategic partnership, AGI3 will grant Fluid Foundation a 2% equity stake to align incentives and support long-term collaboration. AGI3 equity shares held by Fluid Foundation will be legally locked for at least 4 years until 2030.
References
Conclusion
IGP-137 ratifies the AGI3 Strategic Institutional Ecosystem Partnership and Investment proposal and authorizes the transfer of 5,000,000 FLUID from the treasury to the Team Multisig. The transferred tokens will support custody integrations with regulated banking institutions and institutional digital asset custodians across Switzerland, the European Union, Hong Kong, and Singapore.
