Across protocol weighs token–to–equity shift in bid for legal clarity and institutional capital​

Across Protocol is considering a corporate restructuring that would allow ACX token holders to exchange their tokens for equity in a traditional C-Corp entity called AcrossCo or receive USDC instead. This potential shift represents a test case for whether decentralized autonomous organizations from the token era will migrate toward traditional corporate structures.

• →Across Protocol is exploring a C-Corp pivot that would let ACX holders swap tokens for equity or USDC.
• →The restructuring would create AcrossCo as a traditional corporate entity with a standard cap table.
• →This move aims to provide legal clarity and attract institutional capital that may be hesitant about token structures.
• →The proposal represents a potential trend of DAOs migrating from token-based governance to traditional corporate models.
• →The cross-chain bridge protocol is testing whether traditional equity structures can better serve institutional needs.