GMO Coin to Delist Filecoin (FIL): Trading Ends October 24

Japanese crypto exchange GMO Coin announced on September 9, 2026 that it will discontinue support for Filecoin (FIL), The Sandbox (SAND) and Chiliz (CHZ), setting a phased wind-down that begins this month and concludes with a forced conversion of residual balances in mid-November. The Filecoin network token, alongside the two other assets, will see sales and deposits on the exchange's spot service terminate after scheduled maintenance concludes on October 24 — that maintenance window runs from 9:00 to 11:00. Outbound withdrawals stop being accepted after maintenance ends on November 7, and from mid-November the exchange will liquidate any remaining balances of the three tokens at a time and method it deems appropriate, crediting the yen proceeds directly to customer accounts. GMO Coin cautioned that if market liquidity has deteriorated by then, holders could be converted at prices below expectations, and it is urging customers to move tokens to other crypto asset exchange service providers or private wallets before the deadlines. The exchange's official announcement on X confirms the delisting schedule. Supporting services unwind first: the crypto lending product for the three assets ends on September 15, and loans with maturity redemption dates of September 16 or later are also cut off that day, with lending fee accrual payable only through September 15. The recurring-purchase program has staggered final buy dates — October 7 for weekly plans, October 9 for daily plans and October 10 for monthly plans.

official announcement on Xhttps://x.com/gmo_coin/status/2097514191724958061?ref_src=twsrc%5Etfw

For FIL holders in Japan, the exit options are now notably narrow. Per the operating-status table accompanying the notice, Filecoin remains listed at just two domestic operators — Binance Japan and OKCoin Japan — compared with six venues still carrying SAND and five carrying CHZ. That means most GMO Coin customers holding FIL will need to route withdrawals either to those two exchanges or to a self-custodied wallet, and the exchange is requiring any newly registered withdrawal address to be completed by November 4, because transfers to fresh destinations are blocked for 24 hours after the screening-completion notice and address reviews can take additional time. A further constraint comes from Japan's travel-rule framework: GMO Coin routes transfer data through the Sygna compliance system and cannot send the tokens to any domestic exchange that has not adopted it. The move is not an isolated one for the venue — it had already delisted DAI, XTZ and FLR earlier in 2026, following six removals in 2025 covering XEM, BAT, QTUM, ENJ, XYM and MONA. Across the domestic industry, the retrenchment is broad: SBI VC Trade is removing APT, ETC and OAS from VCTRADE on October 28 at 13:00, and BITPOINT is delisting BNB, DEP, JASMY, OSHI, PEPE and TRUMP at the same date and time. The cited rationale at GMO Coin — questions over project continuity, shifts in liquidity and mounting difficulty securing a covering counterparty — echoes the pressure now visible across mid-cap listings on regulated Japanese venues, where maintaining a market maker for thinner books has become harder. Readers tracking the market in real time can follow live spot and futures prices on MEXC.

Our reading of GMO Coin's notice is that the delisting is less a verdict on Filecoin's technology than on the economics of servicing it domestically: FIL is a storage-based Layer 1 asset whose mining model, proof of capacity, has no bearing on whether a licensed Japanese venue can hold a covering counterparty for a shallow order book. With only Binance Japan and OKCoin Japan left as domestic on-ramps, liquidity for the token in the Japanese market concentrates further, and the mid-November forced sale adds a hard deadline for holders who miss the withdrawal windows.