Function X to Rename to 'Pundi AIFX' After Merger with PundiX

IconCryptoNewsTerminal Staff26 Jul, 2024

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Function X to Rename to 'Pundi AIFX' After Merger with PundiX

Function X (FX) has announced that it will be changing its name to Pundi AIFX after merging with the PundiX (PUNDIX) network as part of a rebranding effort. The ticker symbol for the new token will also change from FX to AIFX, and the total supply of FX tokens will be reduced by a factor of 100. This means that every 100 FX tokens will be swapped for 1 AIFX token. The tokenomics of PUNDIX will remain unchanged. The merger is expected to be completed soon, and further details will be announced in due course.