Across has launched a conversion portal for ACX holders, setting out the options available before the token is deprecated on Jan. 8, 2027. Under the earlier "The Bridge Across" governance proposal, Across Protocol has been transferred to the newly formed Across, Inc. Holders can choose to convert ACX into equity in Across, Inc. on a 1:1 basis, or redeem the token for USDC at a fixed price of $0.04375 per ACX. The equity route comes with a minimum threshold of 250,000 ACX, is processed on a first-come, first-served basis, and is subject to eligibility checks, legal capacity limits, and KYC requirements. Applicants in the United States must qualify as accredited investors. Across said ACX will be deprecated after Jan. 8, 2027, and will no longer carry governance, utility, or economic functions after that date.
Across said it has launched an ACX token conversion portal.
Under the earlier "The Bridge Across" governance proposal, Across Protocol has been transferred to the newly formed Across, Inc. ACX holders can choose between two paths before Jan. 8, 2027: convert ACX into equity in Across, Inc. on a 1:1 basis, or exchange the token for USDC at a fixed price of $0.04375 per token.
The equity conversion option requires a minimum of 250,000 ACX. It will be handled on a first-come, first-served basis and is subject to eligibility requirements, legal capacity limits, and KYC checks. U.S. applicants must be accredited investors.
Across said ACX will be deprecated after Jan. 8, 2027, and will no longer have governance, utility, or economic functions.
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