Across's acx rockets 80%, massively beating bitcoin, on plans to dump its DAO structure
By Shaurya Malwa
Published on March 12, 2026.
Across Protocol, a DeFi protocol, has proposed to dissolve its token structure and convert into a traditional U.S. C-corporation. The move is seen as a significant step forward as the current DAO structure hinders the ability to close partnerships and integrations. The proposal would allow token holders to exchange ACX for equity in the new company, or sell their tokens for USDC at $0.04375, a 25% premium to the previous 30-day average trading price. If approved, the conversion would begin in early April. The buyout window will remain open for six months funded by the protocol's liquid assets.
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