Exodus Movement's stock (Ticker: EXOD) was officially listed on the NYSE American this week, with the stock price rising over 37% on its first day, reaching a high of $64.50 and closing at approximately $53. 🎉 As one of the few cryptocurrency companies listed on major exchanges in the United States, Exodus hopes to strengthen its influence in the investor community and enhance liquidity.
According to the third-quarter financial report, Exodus reported a revenue of $20.1 million, with a net loss of approximately $800,000. The primary sources of income are from fiat exchanges, staking, and consulting services. Founded in 2015, the company is one of the oldest wallet developers in the cryptocurrency space and has recently partnered with Ledger and Magic Eden to continue expanding its business footprint. 📈