According to TechFlow, the Artificial Superintelligence Alliance announced major progress and updates on the ASI token merger. Scheduled to begin on July 1, 2024, the token merger will temporarily merge SingularityNET's AGIX and Ocean Protocol's OCEAN tokens into Fetch.ai's FET, and then transition to the future ASI token.

$AGIX and $OCEAN tokens will migrate to FET, with the conversion rates being 1 $AGIX equal to 0.433350 FET and 1 $OCEAN equal to 0.433226 FET respectively.

According to previous news, Binance will support the merger of FET, OCEAN and AGIX into ASI on July 1.