Exodus Wallet Maker Tokenizes Common Stock on Blockchain, Lists on NYSE

Exodus Movement, the developer of the Exodus wallet for Bitcoin, has received approval to list its common stock on the New York Stock Exchange. The stock, represented by the ticker symbol EXOD, is tokenized on the Algorand blockchain, making Exodus the only US company with its common stock tokenized on the blockchain. This move allows Exodus to raise capital from the public in a regulated manner and offers benefits such as faster and easier trading for investors.