Exodus Movement, Inc. Secures NYSE Listing for Common Stock

An important milestone has been reached by Exodus Movement, Inc., a pioneer in the field of cryptocurrency wallets, with the approval of its common stock for listing on the New York Stock Exchange (NYSE). This news, which was released as a press release on May 6, represents a turning point in the company’s history.

It was disclosed that the Class A common stock, which is now trading at a nominal value of $0.000001 per share, has been approved for trading on the esteemed New York Stock Exchange. On May 9, investors will be able to interact with Exodus’s common stock, which will increase its visibility and accessibility in the financial ecosystem. The ticker symbol for this stock is EXOD. Interestingly, the common stock will continue to trade on OTCQX until the market closes on May 8, thus current investors will have no problems.

Exodus CEO Emphasizes Strategic Significance

JP Richardson, CEO of Exodus, underscored the strategic significance of this achievement, labeling it as a “significant milestone” in the company’s evolution. Richardson expressed confidence that the NYSE listing would catalyze the creation of enduring value for stockholders, emphasizing the potential for heightened engagement within the investor community and an associated surge in liquidity. In his words, “We believe the uplisting will broaden the awareness of Exodus.”

Established in 2015, Exodus has emerged as a trailblazer in the realm of cryptocurrency storage solutions. Renowned for its software, which enables users to securely store multi-chain assets while retaining control over their private keys, Exodus has garnered widespread acclaim for its commitment to user autonomy and security. Notably, the Delaware-based company made headlines in April 2021 by raising an impressive $60 million through a Regulation A sale in just five days, with a substantial portion of investment commitments originating from non-accredited investors.