Exodus Movement Inc., a financial technology company and creator of the Exodus self-custodial crypto wallet, has officially entered Wall Street. It trades under the ticker “EXOD” on NYSE American, a sister platform of the New York Stock Exchange. The company’s first day on the market saw its stock surge 36.33% to close at $53.50, with an intra-day high of $67.00.
The performance was remarkable compared to other crypto-related equities. Founded in 2015, Exodus has been a pioneer in non-custodial wallet development, supporting a wide range of digital assets including cryptocurrencies and NFTs. Despite a $10 million loss in its first quarterly filing, the company saw year-over-year revenue increase by 80% to $22.3 million, with expansion to more than 50 networks and staking support for Ethereum and Solana.
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