International Federation of Bodybuilding and Fitness, International Federation of Bodybuilding and Fitness, referred to as IFBB. It was created by the Singapore Bodybuilding Foundation Alliance and the International Bodybuilding Federation IFBB. IFBB was founded by brothers Joe and Ben Weider in Montreal, Canada in 1946, and the current chairman is Dr. Rafael Santonja. IFBB is headquartered in Madrid, Spain. FIT is a member of GAISF, International World Games Association, UNESCO, ICCSSE and many other internationally renowned organizations, and is recognized as the only international sports federation for bodybuilding and fitness in full compliance with WADA rules. There are 197 association members. In 1969, the International Bodybuilding Federation joined the International Federation of Individual Sports Federations, and was recognized by the International Olympic Committee on January 31, 1998.

International Federation of Bodybuilding and Fitness COIN, also known as fitness coin, referred to as FIT. It is a digital encrypted asset issued based on blockchain technology initiated by the Singapore Bodybuilding Foundation Alliance and the IFBB International Bodybuilding and Fitness Federation. It aims to apply encrypted digital currency to the circulation and consumption of bodybuilding and fitness through blockchain and smart contract technology, such as online shopping, offline consumption, event ticketing, club dues and cross-border payment.