Coinbase decides not to support ASI token migration amid AI protocol merger

Coinbase has decided against facilitating the upcoming migration of SingularityNet, Fetch.ai, and Ocean Protocol AI tokens to the new Artificial Superintelligence Alliance cryptocurrency.

This process will first see a migration of SingularityNET's AGIX and Ocean Protocol's OCEAN tokens into Fetch.ai's FET, followed by transitioning the resultant combined FET tokens into the new Artificial Superintelligence Alliance cryptocurrency later in the month.However, on Wednesday, a Coinbase Assets X post said, "Ocean and Fetch.ai have announced a merger to form the Artificial Superintelligence Alliance .

"The ASI token merger will be compatible with all major software wallets," Coinbase Assets X account added. Coinbase Assets also emphasized that although it will not facilitate the migration, users can continue to trade FET and OCEAN tokens as usual until further notice.In March, Fetch.ai, SingularityNET, and Ocean Protocol, entered into an agreement to merge tokens to create the combined Artificial Superintelligence Alliance cryptocurrency.

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