Across Protocol Initiates Migration to AcrossCo: ACX Token Discontinuation

The cross-chain bridge provider Across Protocol has officially announced its transition to a new corporate structure under Across, Inc. (AcrossCo). As part of this organizational pivot, the protocol has launched a token swap portal to facilitate the phase-out of its native asset, ACX. According to the official statement, the ACX token will be discontinued on January 8, 2027, at which point it will lose all governance rights, utility, and economic functions within the ecosystem.

Token Swap Options and Eligibility Requirements

To ensure a structured exit for current stakeholders, the protocol has introduced two distinct pathways for converting ACX holdings before the 2027 deadline. Both options utilize an implied valuation of $0.04375 per token.

• Equity Swap: Holders may exchange ACX for AcrossCo equity at a 1:1 ratio. This option generally requires a minimum holding of 250,000 ACX and is subject to KYC procedures. U.S.-based applicants must qualify as accredited investors.
• USDC Conversion: Holders can opt to swap their tokens for the USDC stablecoin at the fixed price of $0.04375. This process is subject to standard sanctions screening to ensure regulatory compliance.

The allocation for equity swaps is reportedly being managed on a first-come, first-served basis, emphasizing the importance of timely participation for large-scale investors.

Timeline and Governance Implications

The migration marks a significant shift from a decentralized autonomous organization (DAO) framework toward a more traditional corporate entity. Risk Labs, the entity previously associated with the protocol's development, and the newly formed AcrossCo have clarified that they will no longer support ACX utility following the expiration of the swap window.

After January 8, 2027, ACX will lose all governance, utility, and economic functions. The swap ratio cannot be guaranteed after this deadline.

This transition highlights a growing trend among blockchain protocols seeking to formalize their legal structures while providing liquidity or equity pathways for their community. Users are encouraged to monitor the official swap portal to manage their assets before the three-year window closes.

The discontinuation of ACX represents a definitive end-of-life plan for the current tokenomics model of the bridge protocol. By providing a fixed-price exit into USDC or a transition into private equity, AcrossCo aims to mitigate market volatility for its long-term supporters during this multi-year reorganization period. Finality for all ACX-related claims will be reached in early 2027.