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Exodus Crypto Wallet Listed on SEC-Registered Securitize -Breaking

by Mike Robinson

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Exodus Crypto Wallet listed on SEC-Registered Securities
  • Exodus Class A Common Shares can be traded now on Securitize, an SEC-registered trading platform.
  • Exodus’ Class A common stock (EXOD) is digitally represented on the Algorand blockchain via common stock tokens.
  • EXOD currently trades at $15.52. This is down 16.1%

Exodus, the leading cryptocurrency wallet provider, is trading now on a SEC registered platform.

Following a crowdfund raise of $75 million, the largest cryptocurrency wallet software company, Securitize Markets went public.

Investors from all across the US, as well as international investors from more than 40 countries can now trade Exodus Class A common stock (EXOD) after Exodus’ shares started trading on Securitize beginning March 16.

EXOD can be represented digitally on the Algorand Blockchain via common stock tokens.

An Exodus spokesperson stated that Securitize Markets will be the second platform to offer Exodus shares for trading, following a September 2021 launch on tZero. Securitize’s new listing will allow the firm to both onboard retail investors and raise funds.

Jp Richardson is the Exodus CEO and cofounder.

Securitize’s platform enabled us to onboard over 6,800 mostly retail investors and raise $75 million. Now, with the trading of Exodus shares on their platform, it’s all under one roof. Exodus shares can now be traded more easily.

In 2019, the SEC registered Securitize as a transfer agent. Major cryptocurrency companies, including Coinbase (NASDAQ) back the digital securities platform. Morgan Stanley (NYSE:) Investment funds and Blockchain Capital

EXOD prices drop slightly following listing on Securitize. Source: TradingView

EXOD currently trades at $15.52, as you can see from the chart. EXOD initially traded for $27.42 per unit at the time of its launch in 2015.

Exodus announced last week that it had nearly $96million in revenue for its 2021 fiscal year. This is an increase of 350% over the previous year.

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