First-generation blockchain project Lisk, launched in 2016 to build a JavaScript-based dApp ecosystem, will stop operating Lisk Chain on October 31, 2026, after a decade and pivot to enterprise treasury management and payment solutions. Founder and CEO Max Kordek said the new platform offers unified account management, transfers, and approvals across countries and payment methods, with early access for select companies already under way and planned collaboration including Bridge, a Stripe subsidiary. The shift responds to growth in B2B stablecoin settlements and banking frictions that have left more than 80% of crypto industry companies in Europe facing corporate account rejection or closure. Lisk is advancing a Lisk DAO wind-down that would burn 100 million LSK—25% of supply—cutting the maximum from 400 million to 300 million, shorten unstaking to three days, and close governance infrastructure. Holders and stakers must bridge LSK to Ethereum through Superbridge or Lisk Bridge before closure; any tokens left on Lisk Chain after that date will become permanently inaccessible. Ethereum and Base will be primary networks, and LSK will be reclassified as a loyalty token for usage rewards and platform benefits. Builders have an optional migration path to Celo. Among Japanese exchanges, bitFlyer, Coincheck, OKJ, and Binance Japan list LSK. Once near a $4 billion market cap, LSK has fallen more than 99% from its 2018 peak near $34.92 and recently traded around $0.09 after an all-time low of $0.07.