Wu said that the Across Protocol DAO governance proposal has been officially approved, with 91.51% of votes supporting the transition of the protocol from a tokenized DAO structure to a U.S. C Corporation, AcrossCo. According to the proposal, ACX holders can choose to exchange their tokens for company equity at a 1:1 ratio or sell the tokens at a price of 0.04375 USDC per token, representing a 25% premium over the average price in the 30 days prior to the proposal. The proposal also includes a phased shutdown of the DAO structure, with the new entity taking over the protocol's IP, development, and commercial partnerships.

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