Upbit Backs Pundi AI's FX Token Swap and Rebranding

Upbit, a leading global cryptocurrency exchange, has announced its support for the Function X (FX) token swap and rebranding initiative. The exchange will suspend FX token deposits and withdrawals on February 26, 2025, at 11:00 (KST) to facilitate the transition to the new Pundi AI (PUNDIAI) token.

Pundi AI is a decentralized toolkit that democratizes artificial intelligence development. Its suite of tools includes the Pundi AI Data Platform, Pundi AIFX Cross-chain Layer, PURSE+ Browser Extension, Pundi AI Data Marketplace, and Pundi AI MM Agent. These tools aim to make AI development more accessible and efficient for developers and users alike.

The rebranding and token swap are part of Pundi AI's ongoing efforts to enhance its ecosystem and better reflect its mission. Upbit's support for this initiative demonstrates the exchange's commitment to fostering innovation and growth within the cryptocurrency industry.

The suspension of FX token deposits and withdrawals on Upbit will allow for a smooth transition to the new PUNDIAI token. Users are advised to monitor the progress of the swap and ensure their tokens are safely transferred to the new platform.

As the cryptocurrency landscape continues to evolve, Upbit's support for the Pundi AI rebranding and token swap underscores the exchange's dedication to staying at the forefront of industry developments. By embracing new initiatives like Pundi AI, Upbit solidifies its position as a leading player in the global cryptocurrency market.