Bitcoin
Bitcoin wallet developer Exodus to go public on the New York Stock Exchange
Exodus Movement, Inc., developer of the non-custodial crypto wallet Exodus, is set to go public on May 9 on the NYSE American in a bid to create “long-term value” for investors.
Crypto Wallet Creator Exodus received approval to list its common shares on the New York Stock Exchange (NYSE), announced the company in a Press release on May 6th.
The company announced that its common shares have received approval for listing on the New York Stock Exchange (NYSE). Class A common stock, valued at $0.000001 per share, will begin trading under the symbol EXOD at the opening bell on May 9. The common shares will also remain available for trading until market close on May 8 on OTCQX, a financial platform serving over-the-counter securities.
Great news!
Exodus Stock $EXOD begins trading on the NYSE American this Thursday, May 9th.
This significant milestone paves the way for long-term value creation for our investors by expanding our global shareholder base and increasing share liquidity.
LFG!
– JP (Exodus) (@jprichardson) May 6, 2024
Exodus CEO JP Richardson says the stock exchange listing marks a “significant milestone” in the company’s journey, adding that trading on the NYSE will allow Exodus to “create greater long-term value for our shareholders by increasing our presence in the investment community and, in turn, increase liquidity.”
“We believe the uprising will broaden awareness of the Exodus.”
JP Richardson
Founded in 2015, Exodus has become known for its software that facilitates the storage of multi-chain assets while allowing users to maintain private keys on their own without relying on third parties. In April 2021, the Delaware-based company created worth $60 million through a five-day Regulation A sale, with approximately 92% of investment commitments coming from non-accredited investors.