According to PANews, Bitcoin wallet software developer Exodus Movement has been approved to list common stock on the New York Stock Exchange. Exodus CEO JP Richardson said that Exodus has been qualified by the U.S. Securities and Exchange Commission (SEC) and can be traded on NYSE American. The SEC's qualification means that the company has been approved to issue and sell Class A common stock to investors under Section A of the Securities Act, allowing Exodus to raise funds from the public in a regulated manner. Exodus shares are currently trading on the OTCQX exchange, and trading will continue until May 8, and will then begin trading on the NYSE American on May 9.
