📈 ACX Price Gains 85% as Across Protocol Proposes Token-to-Equity Conversion
The ACX token soared 85% after Across Protocol announced a proposal to convert its tokens into equity or buy back USDC. The move is part of Across Protocol’s strategic plan to transition into a US-based corporate structure, which aims to enhance regulatory compliance and investor confidence.
This proposal has sparked excitement among investors, leading to increased trading volume and a sharp price rally. The project’s team emphasizes that the token-to-equity conversion could bring more stability and utility to ACX holders, aligning with broader DeFi and tokenization trends.
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$ACX