Story completes token migration to DATA as trading resumes

The Story token known as IP is officially retired. Its migration to the new Data token, ticker DATA, is complete, and trading support for DATA has resumed, according to a post on X. That wraps up a months-long rebrand that started in late June. It also marks the moment the project formally swaps its original pitch, intellectual property on-chain, for a new one built around AI training data. How the swap worked The conversion ran at a straight 1:1 ratio. Every IP token became one DATA token, with no bonus multipliers and no haircuts. Holders did not have to do anything. The swap was automatic. The total supply cap stays at 1 billion tokens. Several major exchanges handled the migration, including Coinbase, Bybit, KuCoin, and MEXC. Each platform paused trading during the conversion window, then brought DATA markets online once balances were settled. Coinbase paused IP trading from October 5 to October 7, 2026, with DATA trading slated to resume on October 8, 2026. Other venues processed their own swaps and pauses across mid-2026 before final settlements landed in October. From IP licensing to AI data The rebrand was first announced on June 25, 2026. Story Protocol became the DATA Fou...