RIO Token Reserves Migrate from Algorand to Ethereum at 1:1 Ratio
Realio Network has completed a migration of its RIO token reserves from Algorand to Ethereum, swapping holdings at a 1:1 ratio. This move is part of a broader recovery process following an unspecified incident affecting the project's reserves.
The new token now lives on the Ethereum contract address 0x94a8b4EE5CD64C79D0Ee816f467EA73009f51aA0, verifiable on Etherscan. This is not the first time MEXC has navigated a RIO chain transition; in late 2024, the exchange handled a similar contract swap for RIO on Binance Smart Chain.
The migration to Ethereum simplifies asset management for exchanges like MEXC and positions RIO as part of the dominant tokenized real-world assets ecosystem. Realio Network has indicated that further recovery steps will be announced through official channels.