Through the sale of Success Tokens, money was raised. 50 million Across Success tokens were bought by the investors from Risk Labs, the organization that runs the Across Protocol. Success tokens comprise a base token with a call option.
The money raised will go toward building the cross-chain bridge to connect more locations, improve capital efficiency even more, and broaden the permissionless relayer network.
On June 30, 2025, each Success Token reaches maturity and pays out 1 ACX and the amount of 1 call option on ACX. Earlier, Across Protocol declared that ACX would go live on November 28.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
Qubetics tops crypto charts with $2M+ raised and 2,000+ holders. Ethereum whale grabs $23M in…
Investors withdrew their appeal and motions in Elon Musk lawsuit over Dogecoin manipulation and fraud.
Kraken Layer 2 Ink introduced self-withdrawal to Ethereum, transaction review capabilities, and a security committee…
Goldman Sachs has significantly boosted its Bitcoin ETF holdings, highlighting the rising interest in digital…
Rexas Finance is expected to grow very quickly, with a 26x increase expected in the…
The crypto market is always buzzing with fresh opportunities, and in November 2024, there’s one…
This website uses cookies.