- Crypto wallet maker, Exodus Movement, will soon begin trading on the NYSE American, a sibling exchange to the New York Stock Exchange.
- The SEC approved the application after initially denying it in May 2024.
- The company will trade under the ticker EXOD.
The crypto wallet company, Exodus Movement, will begin trading on the NYSE American under the ticker EXOD at the opening bell of Dec 18 following its approval by the SEC.
The company had initially applied to be listed earlier in the year but was denied in May by the current administration. However, an approval recently came as a new regulatory tide prepares to sweep across the United States.
Not much information has been provided about the number of shares that will be listed on the NYSE American exchange, but Exodus currently has 6.57 million shares on the OTCQX exchange where it currently trades.
Exodus’ journey to listing
Exodus is a popular storage and wallet provider that has grown since its inception in 2015 to provide enterprise solutions like wallet-as-a-service and a swap engine.
However, its flagship products are mobile and desktop wallets allowing people to store, send, and swap cryptocurrencies across various blockchain networks.
The company was listed on the OTCQB Venture market under the ticker EXOD in January 2024 and will now uplist on the NYSE American.
EXOD trades at $36.68 at the time of publishing.
