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MEXC has completed a migration of its $RIO token reserves from the Algorand blockchain to Ethereum, swapping holdings at a 1:1 ratio. The move, confirmed through Realio Network’s official channels on September 14, 2026, is part of a broader recovery process the project has been managing following an unspecified incident affecting its reserves.
The new token now lives at Ethereum contract address 0x94a8b4EE5CD64C79D0Ee816f467EA73009f51aA0, verifiable on Etherscan. For anyone wondering whether their holdings survived the crossing, that address is the definitive reference point.
What actually happened here
Realio Network is a real-world asset tokenization platform, meaning it helps bring traditionally illiquid assets like private equity and real estate onto public blockchains.
$RIO functions as the network’s utility and gas token. Since its initial launch in March 2023, $RIO has operated across multiple chains simultaneously, including Ethereum, Algorand, and Stellar, giving users flexibility in where they hold and transact the token.
The migration MEXC executed is not the exchange acting unilaterally. Realio Network directed the move, and MEXC followed through on its end by converting the Algorand-based holdings to the new ERC-20 version at a ratio that leaves holders with exactly what they started with, numerically speaking.
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, also at 1:1, without disrupting trading.
As of the latest communications from Realio Network, no broader disruption to $RIO trading on MEXC has been reported. The project has indicated that further recovery steps will be announced through official channels.
Why Ethereum, and why it matters
Moving from Algorand to Ethereum is not a lateral shuffle. Ethereum is, by most measures, the dominant chain for tokenized real-world assets, with more mature infrastructure, more extensive developer tooling, and a larger user base than almost every competing network.
The shift also simplifies the asset management picture for an exchange like MEXC. Maintaining reserve balances across multiple chains introduces operational complexity, and consolidating toward Ethereum reduces the number of moving parts to monitor during a recovery period.
Realio Network’s multi-chain architecture has always been a feature rather than an afterthought. The project launched in March 2023 with explicit support for several blockchains, recognizing that different user bases gravitate toward different ecosystems.
What to watch from here
The immediate practical implication for $RIO holders on MEXC is straightforward: holdings are preserved at the same numeric value, just on a different underlying chain.
The more interesting question is what “additional recovery steps” from Realio Network actually entail. The project has been deliberate about not over-communicating on the nature of the original incident, and has stated it will keep users updated through official communications.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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