- Crypto pockets maker Exodus Motion will quickly start buying and selling on the US NYSE, the sister trade of the New York Inventory Change.
- The SEC authorized the applying after initially rejecting it in Might 2024.
- The corporate will commerce beneath the ticker EXOD.
Cryptocurrency 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 within the 12 months, however was rejected by the present administration in Might. However the approval lately got here as a brand new wave of regulation is brewing throughout the US.
Not a lot info was offered in regards to the variety of shares that will likely be listed on the US NYSE, however Exodus presently has 6.57 million shares on the OTCQX trade, the place it presently trades.
Exodus path to record
Exodus is a well-liked storage and pockets supplier that has grown since its founding in 2015 to supply enterprise options akin to wallet-as-a-service and swap module.
Nonetheless, its flagship merchandise are cellular and desktop wallets that permit folks to retailer, ship and trade cryptocurrencies throughout numerous blockchain networks.
The corporate was listed on the OTCQB Enterprise market beneath the ticker EXOD in January 2024 and can now be listed on the NYSE American.
EXOD is buying and selling at $36.68 at press time.
