Coinbase Announces New Delisting Set for Mid-August
Coinbase is preparing to remove Function X (FX) from its platform, with trading set to end on August 15, 2025, after the project behind the token paused its active smart contract and began migrating to a new asset, Pundi AI (PUNDIAI).
The exchange confirmed that the decision followed its routine asset review process, which evaluates whether listed cryptocurrencies continue to meet its listing standards.
The upcoming suspension will apply across Coinbase Simple and Advanced Trade, Coinbase Exchange, and Coinbase Prime. Until the deadline, trading will remain in a limit-only mode, allowing users to manage open orders but preventing new market orders. Coinbase indicated that the pause in the FX smart contract and the token migration were central factors in the delisting decision.
Even as FX exits, Coinbase is expanding its lineup, recently adding Bio Protocol (BIO), BankrCoin (BNKR), and Treehouse (TREE). All three can now be bought, sold, converted, or stored on the exchange’s web and mobile platforms.
The delisting comes amid a period of strategic growth for the company. July saw Coinbase strengthen ties with JP Morgan Chase, enabling direct account linking, credit card payments, and reward redemptions for crypto purchases. The platform also began rolling out Samsung Pay integration in the U.S. and Canada, further widening payment options for customers.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
