Across Protocol Says ACX Exchange Portal Is Expected to Launch by End of August

Across Protocol said it is working with legal advisers to resolve final obstacles for its ACX exchange plan, and the timeline has been delayed slightly. According to ChainCatcher, the exchange portal is now expected to go live by the end of August.The plan is part of Across’s effort to wind down the ACX token and complete a structural transition. Holders will be able to use the portal to exchange ACX for equity in the new entity or request redemption.Across said some exchanges may begin delisting ACX, which it described as expected and not affecting the exchange plan. It also advised users to move their tokens to self-custody wallets so they can participate when the portal opens.