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Inside the Fetch.ai AI Token Merger: A Two-Phase Process with Coinbase Caveat

Inside the Fetch.ai AI Token Merger: A Two-Phase Process with Coinbase Caveat

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  • Fetch.ai CEO Humayun Sheikh confirms that the FET, OCEAN, and AGIX merger is on schedule despite Coinbase’s refusal to support it.
  • OCEAN and AGIX will merge into FET, requiring no delisting or relisting on centralized exchanges.
  • The merger will unfold in two phases, starting July 1, integrating AGIX and OCEAN into FET and rebranding seamlessly.

In a recent X post, Fetch.ai CEO Humayun Sheikh confirmed the upcoming AI token merger of FET, Ocean Protocol (OCEAN), and SingularityNet (AGIX).

Despite Coinbase’s refusal to support the merger, the integration remains on schedule.

Sheikh explained that OCEAN and AGIX will merge into FET, meaning centralized exchanges do not need to delist or relist FET. He assured FET holders that no action is required on their part. Sheikh also mentioned his team’s efforts to address any issues. Coinbase stat…

The post Inside the Fetch.ai AI Token Merger: A Two-Phase Process with Coinbase Caveat appeared first on Coin Edition.

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