Bitcoin wallet developer EXODUS stock to begin trading on NYSE AMERICAN on Thursday
ODAILY Planet Daily News: Software developer EXODUS MOVEMENT, the company behind the Bitcoin wallet EXODUS WALLET, announced on Monday that the U.S. SEC has approved the listing of its common stock on NYSE AMERICAN starting Thursday, May 9, under the ticker symbol EXOD.
EXODUS CEO and co-founder JP RICHARDSON stated, "Our company's common stock has been tokenized on the ALGORAND chain, making us the only company in the U.S. to tokenize common stock on-chain."
The SEC approval means that the company is authorized to offer and sell its Class A common stock to investors under Regulation A of the Securities Act, which in turn allows EXODUS to raise funds from the public in a regulated manner. (DECRYPT)