Upbit Suspends EOS and IQ Services Amid Network Rebranding

Upbit has announced the suspension of EOS and IQ trading services beginning June 4, 2025, as part of a rebranding effort for the EOS network to Volta. This move is in response to the network’s planned rebranding with a 1:1 token swap using the new symbol ‘A’. The shift signals a focus on Web3 financial services, such as wealth management and payments. Upbit will suspend deposit and withdrawal services for EOS and IQ tokens on June 4th, followed by trading market suspensions of EOS/KRW and EOS/BTC on June 5th with new tickers A/KRW and A/BTC.