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CryptoMedium•12 March 2026•

1 min read

Across Protocol’s ACX Token Surges 80% on Transition from DAO to U.S. C-Corp

Key Facts

1ACX token price surged 80%, significantly outperforming bitcoin, following Across Protocol's announcement to abandon its DAO structure.

2The team plans to exchange ACX tokens for equity in a new U.S. C-corp or buy out holders at a 25% premium.

3The move is considered one of the first major reversals from a token/DAO structure to a traditional corporate structure.

The ACX token of the bridging protocol Across surged by 80%, significantly outperforming Bitcoin following a major strategic announcement. The development team revealed plans to abandon its Decentralized Autonomous Organization (DAO) structure in favor of a traditional U.S. C-corp entity. Under the proposed transition, token holders will be offered the choice to exchange their ACX tokens for equity in the new corporation or opt for a buyout at a 25% premium. This move marks a significant milestone in the crypto industry as one of the first major reversals from a decentralized model to a traditional corporate structure. Market participants have reacted bullishly, viewing the transition as a way to provide clearer value realization and regulatory compliance. The shift highlights a growing trend where crypto projects seek the stability and legal clarity offered by established corporate frameworks.

Sources:

coindesk.com