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

ZkProver · 2026-03-30T09:12:24+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

2026-03-30 09:12:24

Abstract generation in progress

ChainCatcher news: The development team behind Across Protocol, Risk Labs, has proposed to dissolve the existing DAO structure and transform the project into a U.S. C Corporation. The team pointed out that the current token and DAO framework have significantly affected its ability to collaborate with institutional and corporate partners, and a traditional corporate structure would help explore new business opportunities.

According to the proposal, ACX token holders can choose to exchange their tokens for equity in the new company at a 1:1 ratio, or redeem for USDC at a price of $0.04375 each, which is a 25% premium over the average price of the past 30 days. Holders of over 5 million tokens can convert their equity directly, while smaller holders can participate through a special purpose vehicle (SPV).

Following 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, lasting for six months. Co-founder Hart Lambur emphasized that the formal decision must be approved through a DAO vote.

ACX0.19%

USDC0.01%

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