ACX to Be Discontinued on January 8, 2027; Across Protocol Launches Token Redemption Portal
Odaily News: Across Protocol announced that its token redemption portal is now live. The protocol has been transferred to a new company, Across, Inc. (AcrossCo), and ACX will be gradually discontinued. After January 8, 2027, ACX will lose all governance, utility, and economic functions. Before the deadline, token holders can choose between two options: redeem ACX for AcrossCo equity at a 1:1 ratio, implying a valuation of $0.04375 per token, with a minimum holding of 250,000 ACX in principle, allocated on a first-come, first-served basis, and subject to KYC completion, with U.S. applicants required to be accredited investors; or redeem for USDC at a fixed price of $0.04375 per token, subject to standard sanctions screening.
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