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.
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