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Bitcoin wallet maker Exodus is listed on the New York Stock Exchange

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2024-05-07 07:55:37
Bitcoin wallet software developer Exodus Movement said Monday that the company has received approval to list its common shares on the New York Stock Exchange. Exodus CEO and co-founder JP Richardson said, "Our common shares are tokenized on the Algorand (ALGO) blockchain, so we are the only company in the United States to tokenize common shares on the blockchain."
SEC qualification means that the company has been 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.