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Story halts IP token trading Oct 5-7 for automatic swap to DATA token at 1:1 ratio

Protocol Fundamentals
05 Oct 2026
Crypto Briefing
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Neutral
Story halts IP token trading Oct 5-7 for automatic swap to DATA token at 1:1 ratio

Trading of Story's IP token is paused from October 5 to 7, 2026, to enable an automatic conversion to the new DATA token at a 1:1 ratio. This migration reflects the project's rebranding from Story Protocol to the DATA Foundation, shifting focus from intellectual property licensing to AI training data infrastructure. Token holders on participating exchanges like Coinbase do not need to take any action, as the swap will happen automatically during the trading freeze. After October 7, DATA will trade independently, carrying over the same supply structure and holder proportions as IP had before the migration.

Story's IP token migration to DATA coincides with a market where 33 of 50 major cryptocurrencies on Pluang rose today. For readers following the broader crypto market, here is Pluang's snapshot as of Oct 05, 2026 21:12 WIB: AXS is priced at Rp23.429 with a 1-day change of -3.56% and a Pluang order activity of 31% Sell / 69% Buy; XLM stands at Rp3.965, up 3.04%, with 43% Sell / 57% Buy; FIL trades at Rp19.615, up 2.99%, with 15% Sell / 85% Buy.

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