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Latest NewsMarch 12, 2026

ACX Rockets 80%, Crushing Bitcoin, on Plans to Ditch Its DAO

ACX token surged 80% to $0.06 on March 12 after Across Protocol proposed dissolving its DAO and converting to a C-corp with a token-to-equity option.

ACX Rockets 80%, Crushing Bitcoin, on Plans to Ditch Its DAO

What to Know

  • ACX jumped 80% to $0.06 on Thursday after Across Protocol published a governance temp-check to dissolve its DAO and incorporate as a U.S. C-corp
  • Token holders get two choices: convert ACX to equity in the new AcrossCo entity, or sell at $0.04375 USDC — a 25% premium over the prior 30-day average
  • 5 million ACX minimum for direct equity conversion; holders above 250,000 ACX (~$10,000) can access equity through a no-fee SPV structure
  • Snapshot vote is March 26 — community call March 18, formal discussion through March 25, conversion begins early April if it passes