{"id":23644,"date":"2026-03-11T16:18:04","date_gmt":"2026-03-11T16:18:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/acx-price-gains-85-as-across-protocol-proposes-token-to-equity-conversion\/"},"modified":"2026-03-11T16:18:10","modified_gmt":"2026-03-11T16:18:10","slug":"acx-price-gains-85-as-across-protocol-proposes-token-to-equity-conversion","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/acx-price-gains-85-as-across-protocol-proposes-token-to-equity-conversion\/","title":{"rendered":"ACX price gains 85% as Across Protocol proposes token-to-equity conversion"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">The price of Across Protocol token surged sharply after a governance proposal suggested a major structural shift for the project.<\/p>\n<div id=\"cn-block-summary-block_edd00d9faef6824f31ea1d01785edada\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Across Protocol token\u00a0jumped 85% as a proposal suggests converting tokens into company shares.<\/li>\n<li>Holders could exchange ACX for equity in a new US C-corp or sell tokens for\u00a0USDC\u00a0in a buyout offer.<\/li>\n<li>The move is meant to help the protocol secure institutional partnerships and commercial agreements.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>ACX saw a sharp surge in activity, trading at about $0.063 at the time of writing. The token gained roughly 85% over the previous 24 hours, lifting its market capitalization to nearly $45 million.<\/p>\n<p>Market participation also spiked. Daily trading volume climbed to approximately $51.7 million, representing an increase of more than 3,000% compared with the day before.<\/p>\n<p>A similar trend appeared in the derivatives market. CoinGlass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/ACX\/futures\" target=\"_blank\" rel=\"nofollow\">data<\/a> show that derivatives trading volume expanded dramatically, rising over 7,700% to $138 million. Meanwhile, open interest jumped by around 950%, reaching $20 million, pointing to a wave of new positions entering the market.<\/p>\n<p>The sudden rally followed a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/forum.across.to\/t\/the-bridge-across\/2097\" target=\"_blank\" rel=\"nofollow\">proposal<\/a> submitted on March 11 to the Across governance forum by Risk Labs, the core development group responsible for Across Protocol.<\/p>\n<h2 class=\"wp-block-heading\">Proposal explores token-to-equity transition<\/h2>\n<p>The proposal, titled \u201cThe Bridge Across,\u201d asks the community whether the protocol should transition from a token-based structure into a U.S. C-corporation.<\/p>\n<p>If approved, a newly formed entity tentatively called AcrossCo would take over development, partnerships, and commercialization. The company would also hold the protocol\u2019s intellectual property.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Proposal: \u201cThe Bridge Across\u201d<\/p>\n<p>A temp-check exploring whether Across should evolve from a DAO + token structure into a U.S. C\u2011corp. via a token-to-equity exchange and token buyout.<\/p>\n<p>Thread and proposal below \u2935\ufe0f <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/AtE9DHGxS4\">pic.twitter.com\/AtE9DHGxS4<\/a><\/p>\n<p>\u2014 Across (@AcrossProtocol) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/AcrossProtocol\/status\/2031733304500654305?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 11, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The proposal gives ACX holders two possible paths. They can either swap their tokens for equity in the newly formed company or sell their holdings through a buyout offer.<\/p>\n<p>For those choosing the equity route, the plan outlines a 1:1 conversion, meaning each ACX token would be exchanged for one company share. Holders with more than 5 million ACX would be able to convert their tokens directly into equity. Smaller holders, however, would gain exposure through a special purpose vehicle designed to pool their participation.<\/p>\n<p>Token holders who would rather exit could instead accept a buyout offer set at $0.04375 per ACX, with payment made in USD Coin. That price represents roughly a 25% premium to the token\u2019s average trading price over the past 30 days.<\/p>\n<p>The buyout window would remain open for six months if the proposal ultimately passes. Funding for the offer would come from the protocol\u2019s liquid treasury.<\/p>\n<h2 class=\"wp-block-heading\">Institutional partnerships driving the proposal<\/h2>\n<p>According to the proposal, the shift toward a traditional corporate structure is meant to address practical challenges faced by decentralized autonomous organizations.<\/p>\n<p>DAO-based governance can make it difficult to sign enforceable contracts, establish liability frameworks, or negotiate certain types of commercial agreements. These limitations sometimes create barriers when dealing with institutional partners.<\/p>\n<p>Risk Labs said the change could make it easier for the project to secure partnerships and revenue agreements while continuing to build the protocol\u2019s infrastructure.<\/p>\n<p>The proposal is currently a temperature check, meaning it is meant to gather community feedback before any binding vote takes place.<\/p>\n<p>The timeline outlined in the document suggests a governance vote could occur in early April. If approved, legal structuring and token conversion infrastructure would begin shortly afterward.<\/p>\n<p>Across Protocol has spent several years building cross-chain bridging infrastructure, including fast transaction systems designed to move assets between blockchains in seconds. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of Across Protocol token surged sharply after a governance proposal suggested a major structural shift for the project. Summary Across Protocol token\u00a0jumped 85% as a proposal suggests converting&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=23644"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23644\/revisions"}],"predecessor-version":[{"id":23645,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/23644\/revisions\/23645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5268"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=23644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=23644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=23644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}