Paradigm-backed Across Protocol explores letting ACX holders exchange tokens for equity

Across Protocol, backed by Paradigm, has posted a temp check proposal to explore transitioning from a decentralized protocol to a private company structure. The proposal would allow ACX token holders to exchange their tokens for traditional equity shares in the new corporate entity.

• →Across Protocol is considering a significant structural shift from decentralized protocol to private company format.
• →The proposal would enable ACX token holders to convert their cryptocurrency tokens into traditional equity shares.
• →This represents a notable trend of some DeFi protocols exploring traditional corporate structures.
• →The move is currently in the temp check phase, indicating early-stage community consultation.
• →Paradigm's backing adds credibility and resources to this potential transition.