{"id":13278,"date":"2024-05-07T11:48:17","date_gmt":"2024-05-07T08:48:17","guid":{"rendered":"https:\/\/forklog.com\/en\/exodus-wallet-developer-to-list-on-nyse\/"},"modified":"2024-05-07T11:48:17","modified_gmt":"2024-05-07T08:48:17","slug":"exodus-wallet-developer-to-list-on-nyse","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/exodus-wallet-developer-to-list-on-nyse\/","title":{"rendered":"Exodus Wallet Developer to List on NYSE"},"content":{"rendered":"<p>On May 9, Exodus Movement, a company specializing in custodial software development, will list its shares on the New York Stock Exchange (NYSE) under the ticker EXOD.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Big news! <\/p>\n<p>Exodus stock <a href=\"https:\/\/twitter.com\/search?q=%24EXOD&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$EXOD<\/a> starts trading on the NYSE American this Thursday, May 9th.<\/p>\n<p>This significant milestone paves the way to creating long-term value for our investors by expanding our global shareholder base and boosting stock liquidity.<\/p>\n<p>LFG!<\/p>\n<p>\u2014 JP (Exodus) (@jprichardson) <a href=\"https:\/\/twitter.com\/jprichardson\/status\/1787513640653836404?ref_src=twsrc%5Etfw\">May 6, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis significant milestone paves the way to creating long-term value for our investors by expanding our global shareholder base and boosting liquidity,\u201d stated the firm&#8217;s CEO, J.P. Richardson.<\/p>\n<\/blockquote>\n<p>EXOD is certified by the U.S. Securities and Exchange Commission (SEC) and can also be traded on the NYSE American.\u00a0<\/p>\n<p>Regulatory qualification means the company has received permission to offer and sell Class A &#8220;common stock.&#8221; The nominal value of one unit of the asset will be $0.000001.\u00a0<\/p>\n<p>Exodus securities, currently traded on the OTCQX platform, will remain available there until May 8.\u00a0<\/p>\n<p>In a conversation with <a href=\"https:\/\/decrypt.co\/229589\/bitcoin-wallet-exodus-nyse-exod-listing\">Decrypt<\/a>, Richardson noted that the company&#8217;s shares are tokenized on the Algorand blockchain. This makes Exodus the only public crypto firm in the U.S. whose securities are traded on both traditional and blockchain platforms.<\/p>\n<p>According to the CEO, the tokenization of EXOD simplifies and accelerates trading for investors. Among the benefits, he highlighted the possibility of &#8220;USDC dividends&#8221; and &#8220;on-chain voting within corporate governance.&#8221;<\/p>\n<p>Despite <a href=\"https:\/\/forklog.com\/en\/news\/consensys-challenges-sec-over-ethereum-regulation\">strict SEC measures<\/a> regarding cryptocurrencies, Richardson expressed optimism about the future of publicly traded digital assets:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe want to see a future where traditional stocks are ultimately based on blockchain. I think that&#8217;s what&#8217;s so great about all our hard work.\u201d<\/p>\n<\/blockquote>\n<p>Founded in 2015, Exodus developed the eponymous bitcoin wallet. In 2021, the company went public, conducting a $75 million token sale and listing shares with broker-dealer tZERO.\u00a0<\/p>\n<p>In January, co-issuer of the USDC stablecoin, Circle Internet Financial, confidentially <a href=\"https:\/\/forklog.com\/en\/news\/circle-files-for-ipo-in-the-united-states\">filed for an IPO<\/a> in the U.S. as part of its plan to become a public company.\u00a0<\/p>\n<p>In February, the crypto-friendly investment platform eToro also <a href=\"https:\/\/forklog.com\/en\/news\/circle-files-for-ipo-in-the-united-states\">considered<\/a> conducting an IPO.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On May 9, Exodus Movement, a company specializing in custodial software development, will list its shares on the New York Stock Exchange (NYSE) under the ticker EXOD. Big news! Exodus stock $EXOD starts trading on the NYSE American this Thursday, May 9th. This significant milestone paves the way to creating long-term value for our investors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1340,1286,1211,1221],"class_list":["post-13278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-exodus","tag-listing","tag-stock-market","tag-stocks"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=13278"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13278\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/13277"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=13278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=13278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=13278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}