approval

Exodus Movement to List Common Stock on NYSE American

The Big Whale

07 May 2024

Crypto wallet developer Exodus Movement has received approval to list its common stock, with ticker EXOD, on the NYSE American. Trading will begin on May 9. The move is expected to increase the company's presence within the investor community and enhance liquidity. Previously listed on the OTCQX market, Exodus' stocks will now be "uplisted" to the NYSE. The company's EXOD security tokens, which represent Class A EXOD common shares, have been tokenized on the Algorand blockchain and can be managed on Exodus wallets. Exodus is the only US company to have its common stock tokenized on the blockchain. In its preliminary review for Q1 2024, the company reported a revenue of $29.1 million, up 118% from the same period last year, with approximately 1.69 million monthly active users.

Sources :
- TheBlock

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