Coinbase Opts Out of Artificial Superintelligence Alliance $7.5B Token Merger [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
AI protocols SingularityNet (AGIX) , Fetch.ai ( FET ), and Ocean Protocol (OCEAN) . The plan is to first migrate OCEAN into FET on July 1, followed by merging the resulting FET tokens into ASI later in the month. While many crypto service providers will automatically handle this conversion for users, Coinbase has announced it will not facilitate the migration on behalf of its users. In a clear statement, Coinbase said, "Coinbase will not execute the migration of these assets on behalf of users." Despite its non-participation in the migration process, Coinbase will continue to allow trading of FET and OCEAN tokens as usual until further notice. Coinbase users can migrate their OCEAN and FET to ASI using a self-custodial wallet, such as Coinbase Wallet. Originally announced in March, the merger plan detailed that users would be able to swap FET tokens for ASI at a 1:1 rate. Fetch.ai reassured users, stating, “If you have $OCEAN and $AGIX tokens on an exchange, no action is needed. W
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COIN
Earnings
- 5/2/24 - Beat
COIN
Sec Filings
- 6/27/24 - Form 4
- 6/20/24 - Form 4
- 6/20/24 - Form 8-K
- COIN's page on the SEC website