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Home News Crypto

AB DAO Confirms BingX Listing for AB Token, Announces Cross-Chain Asset Recovery Plans

24 February 2025
in Crypto, News
Reading Time: 3 mins read
104 5
source: prnewswire.com

source: prnewswire.com

AB DAO has confirmed that its native token, AB, will soon be listed on BingX.

While the official listing date has yet to be announced, the project noted the move aligns with its broader strategy to enhance liquidity and attract a larger user base.

Currently, AB is available for trading on HTX, MEXC, and 4E, with BitMart also preparing to launch an AB trading pair soon. The DAO expects additional exchange listings in the near future as part of its global expansion efforts.

The AB Project, previously called Newton, seeks to create a platform that provides infrastructure for DApps and various decentralized projects and assets. Founded in 2018, it revealed its rebranding initiatives on February 8 and formed a DAO in January 2025 to manage its community and development activities.

This development follows AB DAO’s February 21 announcement regarding the recovery of stuck cross-chain assets. The DAO revealed that holders of BEP2 NEW-09E tokens—previously hosted on the BNB Beacon Chain—will soon be able to transfer them to the AB Mainnet.

After the BNB Beacon Chain shut down in December 2024, more than 65 million NEW-09E tokens remained stuck due to an incomplete migration process. AB DAO has since collaborated with the BNB Chain team to implement a recovery solution, which is expected to go live within one to two weeks. The upcoming process will allow users to transfer their assets in a single step, and holders are encouraged to act promptly once the solution becomes available.

Meanwhile, BingX has expanded its fiat deposit options by introducing SEPA and SEPA Instant for euro transactions. SEPA facilitates seamless transfers across the EU and select non-EU countries, while SEPA Instant offers real-time deposits, even on weekends, at no cost. This upgrade enhances the trading experience by providing users with a faster and more cost-effective way to fund their accounts, reinforcing BingX’s competitive position in the crypto market.

 

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Tags: AB DAOBingX
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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