• The ASI token merger has begun, with the primary part seeing the mixing of AGIX and OCEAN tokens into FET.
• A big whale commerce resulted in $7.5 million of AGIX and OCEAN being transformed into FET.
• Some exchanges have delisted AGIX and OCEAN, however Coinbase is providing customers a guide migration possibility.

The Alliance for Synthetic Superintelligence (ASI) has kicked off an bold $7.5 billion token integration effort, beginning with merging its SingularityNET (AGIX) and Ocean Protocol (OCEAN) tokens into Fetch.ai's FET token.

This early stage has already been seen via on-chain exercise, signaling a serious shift within the AI ​​cryptocurrency panorama.

The Alliance for Synthetic Superintelligence (ASI) has launched its extremely anticipated token mergers, beginning with the mixing of two AI token tasks, SingularityNET (AGIX) and Ocean Protocol (OCEAN).

Based on a publish by X on analytics platform Scopescan, a big whale commerce occurred by which 8 million AGIX tokens and 4.8 million OCEAN cash have been transformed into 5.6 million FETs value $7.5 million. The ensuing FET tokens have been then deposited on the Bitget alternate.

Notably, the mixing was initially scheduled for June 13 however was delayed till July 15 to permit sufficient time to handle the technical necessities of exchanges, validators, and different ecosystem companions. The preliminary part is at the moment underway.

The latest improvement of the merger of the AGIX and OCEAN tokens into the FET token has led to widespread delisting of the unique tokens from cryptocurrency exchanges.

Nevertheless, not all exchanges have chosen to help the merger for his or her customers. Notably, U.S.-based Coinbase is without doubt one of the exchanges that has chosen to not implement a mechanism to routinely convert customers' token holdings.

In a earlier replace, Coinbase introduced that FET and OCEAN buying and selling will proceed on its platform till additional discover, with a workaround accessible for customers who wish to manually switch their holdings to FET.

Information aggregators and exchanges can facilitate migration of ASI tokens via the newly launched migration platform, SingularityDAO. Within the first part, AGIX tokens will probably be exchanged for FET at a ratio of 0.43335 FET for 1 AGIX. Within the subsequent part, FET tokens will probably be transformed to ASI and launched throughout a number of blockchain networks.