Across Protocol Considers Transition to U.S. C-Corporation

Across Protocol has initiated a proposal to transition from its current DAO and token structure to a U.S. C-corporation. According to NS3.AI, this move would allow ACX token holders six months to opt for either an equity exchange or a USDC buyout, contingent on the proposal's approval. The team plans to submit a formal governance proposal two weeks after gauging community sentiment, with the final decision resting on a majority vote. Across Protocol is exploring this change to provide enterprise partners with enforceable contracts and a clear legal counterparty.