Across Delays ACX Redemption Plan, Expected to Launch by End of August

Across Protocol has updated its ACX redemption plan, stating that it is working with legal advisors to address final obstacles, resulting in a slight delay in the timeline. The redemption portal is expected to launch by the end of August. This plan is part of the exit and structural transformation of the ACX token, allowing holders to choose to exchange ACX for equity in the new entity or redeem it. Across noted that some exchanges may begin delisting ACX, which is a normal expectation and does not affect the redemption plan. Users are advised to transfer their tokens to self-custody wallets to participate when the portal goes live.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.