Upbit Supports Function X Rebranding and Token Conversion to PUNDIAI

Upbit will support Function X ($FX) in its rebranding and conversion of tokens to PUNDIAI. According to the official announcement, due to the rebranding and token swap, Upbit will suspend the deposit and withdrawal services for Function X ($FX) on February 26, 2025, at 10:00 AM (UTC+8); the FX/BTC trading will be suspended on February 28, 2025, at 1:00 PM (UTC+8) until further notice after the name change and token swap is completed. Once trading support is restored, the market name will change to PUNDIAI/BTC. $FX will officially be renamed to $PUNDIAI on February 25, 2025, at 10:00 AM (GMT+8) with a 100:1 supply reduction. After the token swap, the previous 820.00 million $FX tokens will be reduced to 8.20 million $PUNDIAI at a ratio of 100:1, significantly increasing its scarcity.