The first phase of the token merger, initiated by the Artificial Superintelligence Alliance (ASI), began on July 1st, involving the integration of AGIX from SingularityNET and OCEAN from Ocean Protocol into Fetch.ai’s FET token.
This merger, valued at $7.5 billion, led to the widespread delisting of the original tokens from all cryptocurrency exchanges.
Despite the merger, not all crypto exchanges supported it. Specifically, Coinbase did not introduce a mechanism for the automatic conversion of user-held tokens into the new ASI token.
Coinbase will continue to support trading for FET and OCEAN until further notice. Users wishing to transfer their holdings to ASI must use a self-custody wallet such as Coinbase Wallet.
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The token merger marks a significant step in the integration of AI tokens but faces challenges related to exchange support.
Ocean (OCEAN) and 
announced the merger to form the Artificial Superintelligence Alliance (ASI). Coinbase will not execute the migration of these assets on behalf of users.
— Coinbase Assets️ (@CoinbaseAssets) June 26, 2024
Tokens Started Delisting Before the Merger of Three Altcoins
Tokens Started Delisting Before the Merger of Three Altcoins