Exodus to be listed on NYSE American Securities

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  • Cryptocurrency pockets maker Exodus Motion will quickly start buying and selling on NYSE American, the sibling trade of the New York Inventory Change.
  • The SEC accepted the applying in Might 2024 after initially denying it.
  • The corporate trades beneath the ticker EXOD.

Cryptocurrency pockets firm Exodus Motion will start buying and selling on the NYSE American beneath the ticker EXOD on the opening bell on December 18, following SEC approval.

The corporate initially utilized to go public earlier this yr, nevertheless it was rejected by the present administration in Might. However a wave of recent laws is coming throughout the U.S., and so they had been lately accepted.

Though not a lot data has been supplied relating to the variety of shares listed on the NYSE America Change, Exodus at present has 6.57 million shares traded on the OTCQX trade.

Exodus’ path to itemizing

Exodus is a well-liked storage and pockets supplier that has grown since its founding in 2015 to supply enterprise options equivalent to wallet-as-a-service and swap engines.

Nevertheless, its flagship product is a cellular and desktop pockets that enables folks to retailer, ship, and trade cryptocurrencies on numerous blockchain networks.

The corporate will likely be listed on the OTCQB Enterprise market beneath the ticker EXOD in January 2024, and plans to listing on the NYSE American sooner or later.

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EXOD's worth is $36.68 on the time of article publication.

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