Exodus, Notable Bitcoin (BTC) Wallet Manufacturer, Set to Make a Leap to the New York Stock Exchange (NYSE)
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- Exodus Movement, the software developer behind the Exodus Wallet for Bitcoin, has received approval to list its common stock on the New York Stock Exchange (NYSE).
- The company’s common stock is tokenized on the Algorand (ALGO) blockchain, making it the only company in the U.S with this feature.
- Despite increasing regulatory scrutiny, Exodus CEO JP Richardson remains optimistic about the future of publicly traded digital assets.
Exodus Movement, a Bitcoin wallet software developer, is set to list its tokenized common stock on the NYSE, marking a significant milestone in the integration of traditional finance and blockchain technology.
Exodus Movement to List on NYSE
Exodus Movement, the software developer behind the Exodus Wallet for Bitcoin, announced on Monday that it has received approval to list its common stock on the NYSE. The listing comes amidst increased regulatory actions against cryptocurrency projects and developers. However, Exodus CEO and co-founder JP Richardson confirmed that the company’s EXOD stock was qualified by the U.S. Securities and Exchange Commission (SEC) and can also trade on NYSE American, formerly known as the American Stock Exchange (AMEX).
