Binance has announced support for a contract swap involving eight major fan tokens built on the Chiliz Chain (CAP20 standard). The affected tokens—AC Milan (ACM), AS Roma (ASR), Atlético de Madrid (ATM), FC Barcelona (BAR), Manchester City (CITY), Juventus (JUV), OG (OG), and Paris Saint-Germain (PSG)—will migrate from whole integer representation to 18 decimal places. The upgrade is scheduled to begin on May 11, 2026 at 01:00 UTC, when Binance will temporarily suspend deposits and withdrawals for all eight tokens on the Chiliz Chain.
Key Details and User Impact: Trading pairs for these fan tokens will remain active during the swap, and Binance will automatically handle the technical conversion for all tokens held in exchange wallets—users need to take no action. Old tokens will be renamed with an “OLD” suffix (e.g., ACMOLD, ASROLD) and swapped 1:1 for new tokens on updated smart contracts. The new contract addresses have been published, with each token moving to a distinct address on Chiliz Chain. Binance advises users to ensure deposits are fully processed before the cutoff and to await official announcements before resuming deposits and withdrawals after the migration completes, typically within a few days.
Why It Matters: Moving from whole integers to 18 decimals aligns fan tokens with standard crypto asset behavior, enabling fractional holdings, more precise pricing, and smoother trading. This technical upgrade enhances usability and accessibility for the millions of fans engaged through platforms like Socios.com, while reinforcing the interoperability and long-term viability of the Chiliz ecosystem. Binance’s proactive role minimizes disruption and token loss risks, reflecting the exchange’s commitment to supporting blockchain infrastructure improvements for sports-related digital assets.
