Leading cryptocurrency exchange Coinbase will not participate in the Artificial Superintelligence Alliance (ASI) token merger, which is scheduled for July 1, according to Coinbase’s recent post on X. The exchange has not explained the reason behind its decision.
Set to take place Monday, the Artificial Superintelligence Alliance (ASI) token merger will get support from several exchanges, except for Coinbase.
“Ocean (OCEAN) and (FET) have announced a merger to form the Artificial Superintelligence Alliance (ASI). Coinbase will not execute the migration of these assets on behalf of users,” said Coinbase.
Coinbase Not Playing Along
As a result of the latest decision, Coinbase users will not benefit from automated token transfers. Instead, Coinbase will maintain trading support for OCEAN and FET until further notice.
In addition, while Coinbase does not directly support the merger, the exchange will let users use its…
