Across Protocol plans to dissolve the DAO and transition to a private company. Token holders will receive equity or USDC exit options.

ZkProver · 2026-03-28T08:21:26+00:00

The development team of Across Protocol, Risk Labs, proposes to dissolve the existing DAO structure and transform into a C Corporation in the United States to enhance collaboration with institutional partners. Token holders can exchange their tokens for equity at a 1:1 ratio or redeem USDC at a premium. After the announcement, ACX price surged by 70%. The decision requires DAO voting.

ZkProver

2026-03-28 08:21:26

Abstract generation in progress

ChainCatcher message: The development team behind Across Protocol, Risk Labs, has proposed dissolving the existing DAO structure and pivoting the project into a U.S. C corporation. The team said the current token and DAO architecture has effectively affected its ability to partner with institutional and enterprise counterparts, and that a traditional corporate structure will help open up new business opportunities.

Under the proposal, ACX token holders can choose to exchange tokens for new company equity at a 1:1 ratio, or to redeem at a price of $0.04375 per token for USDC, representing a 25% premium to the average price over the past 30 days. Those holding more than 5 million tokens can convert directly into equity, while smaller holders can participate via a special purpose vehicle (SPV).

After the announcement, ACX surged 70% in a single day to $0.06. The redemption window is expected to open within three months after the proposal is approved, and will last for six months. Co-founder Hart Lambur emphasized that any formal decision must be approved through a DAO vote.

ACX-0.02%

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