Altcoins

A new proposal for Across wants to change its structure. It plans to move from a "DAO and token

2026-03-12 10:29:39

Across Floats Radical Shift: DAO → C-Corp, ACX Holders Get Equity or 25% Premium Buyout

Across is considering a major identity shift. A new proposal would transition the protocol from a "DAO + token" structure into a U.S. C-corp. The new entity would take control of all IP and manage development, partnerships, and commercialization. ACX holders would get a choice: swap tokens for equity in AcrossCo at 1:1, or sell them back at a 25% premium to the 30-day average—$0.04375 per token. The buyback window would run for six months.

Smaller holders (under 250,000 ACX) could hold equity directly or via an SPV. If approved, the buyback would start within three months. Next steps: community call March 18, final proposal March 26, Snapshot vote April 2.

Markets are already reacting: ACX is up 97% in 24 hours, now at $0.065.

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