Story Halts IP Trading for October Migration to DATA Token
- —IP trading is halted from October 5 to 7, 2026, on multiple exchanges including Coinbase
- —Conversion to DATA/DATAIP happens automatically at a 1:1 ratio, with no claim forms or bridges
- —Supply structure carries over unchanged: the 1 billion token cap moves from IP to DATA
- —The rebrand was announced on June 25, 2026, shifting the project toward AI data via Trace and Kled
Why it matters: The migration completes Story's pivot from IP tokenization to AI data infrastructure; DATA's value now hinges on whether AI firms adopt Trace for data sourcing and licensing.
Source: Crypto Briefing