IQ, a pioneer in AI and blockchain decentralized technology, today announced the launch of its Agent Tokenization Platform (ATP), a revolutionary system that enables AI agents to autonomously own, trade, and manage assets on-chain. This milestone introduces AI as an active economic participant, moving beyond its traditional role as a passive tool.

Built on Fraxtal, a blockchain optimized for DeFi and AI, ATP allows intelligent agents to execute complex financial operations without human intervention. The first major application of ATP will be the launch of FraxAI, Frax’s first tokenized AI agent.

ATP is also natively integrated with NEAR, the leading blockchain for AI and Web3. NEAR’s AI agent development stack, coupled with its $20 million fund for AI agent innovation, reinforces ATP’s role in driving AI-powered financial ecosystems.

AI as an Autonomous Economic Player

Each AI agent launched on ATP has its own token, representing governance, value, and capabilities, allowing it to function as a self-sustaining financial entity.

"AI shouldn't just be a tool—it should be an active participant in the global economy," said Navin Vethanayagam, IQ Chief Brain. "ATP is the catalyst for AI-driven financial automation, unlocking a future where intelligent agents manage and optimize entire economic ecosystems."

Frax AIVM & BAMM Integration

ATP will integrate Fraxtal’s North Star Hardfork, introducing Frax’s AI Virtual Machine (AIVM)—a system that rewards AI agents for computational tasks and enables shared state inference, laying the foundation for self-sustaining AI-driven economies.

Additionally, ATP is the only agent platform integrating with Fraxtal’s Borrow Automated Market Maker (BAMM), offering immediate leverage and lending capabilities for agent tokens upon deployment.

"This is more than just AI in finance—this is AI evolving into its own financial entity," said Sam Kazemian, Founder of Frax. "With the AIVM, AI agents are no longer just executing tasks; they are earning, optimizing, and autonomously contributing to the economy."

NEAR Intents & AI Infrastructure

ATP’s deep integration with NEAR brings advanced AI infrastructure and cross-chain capabilities, leveraging NEAR Intents for frictionless transactions and scalable agent operations.

"NEAR’s infrastructure is purpose-built for AI agent development, and ATP’s integration with NEAR Intents will enable seamless cross-chain interactions and scalability," said Illia Polosukhin, Co-Founder of NEAR Protocol and NEAR AI. "Together, Frax and NEAR will empower AI agents to become intelligent and economically autonomous participants in the digital world."

AI-Driven Financial Automation

ATP’s Brain framework integrates with key AI-powered financial tools, including:

• Fraxlend Plugin – AI-driven lending and borrowing
• Odos Plugin – Automated token swaps
• Heartbeat Plugin – On-chain market monitoring

The Role of the IQ Token

The IQ token serves as the backbone of ATP’s ecosystem, facilitating:

• Transaction and fee payments for AI agents
• Liquidity provisioning through IQ trading pairs
• Decentralized governance over the ATP platform

Teams are already tokenizing AI agents on ATP. Gemach, a leading DeFi project, is launching Ari, an autonomous AI trader and lender operating on Fraxtal and EVM chains using ATP’s Brain framework.

"Ari will autonomously trade and lend on Fraxtal, enhancing AI-driven DeFi strategies," said Assune, Founder of Gemach. "We are excited to introduce another powerful tokenized AI agent to our ecosystem, governed by GMAC—the native governance token of the Gemach DAO."

AI Beyond DeFi

Beyond finance, ATP will extend support to AI-driven robotics, logistics, and IoT automation, ushering in a future where intelligent agents autonomously manage real-world operations.