Across Protocol DAO has approved a governance proposal to transition from a tokenized DAO structure to a U.S. C Corporation named AcrossCo, with 91.51% of votes in favor. Under the proposal, ACX token holders can exchange their tokens for company equity at a 1:1 ratio or sell them at $0.04375 USDC per token, a 25% premium over the 30-day average price prior to the proposal. The transition plan includes gradually phasing out the DAO structure, with the new entity taking over protocol IP, development, and business collaborations.