.@AcrossProtocol is considering doing a token -> equity exchange thus making ownership private. First of its kind proposal in the token-equity space afaia. Across has done >$20bn in volume over the past 2 years and has become a critical piece of infrastructure and cross-chain money movement. Looks like DAOs broadly are reaching their limitations (see Aave) and the next phase of growth for these protocols will be driven by private entities. Feels like a positive step in bringing clarity to the token/equity dilemma.