Exodus Movement Inc., the fintech company behind the self-custody cryptocurrency wallet Exodus, has officially joined Wall Street. 🚀

- Exodus trades under the ticker "EXOD" on NYSE American, a subsidiary of the New York Stock Exchange.

- On its first day in the market, the stock rose 36.33%, closing at $53.50, with a daily high of $67.00.

- This stands out compared to many other cryptocurrency-related stocks like Coinbase and Bit Digital, which both saw declines.

Despite an impressive start, Exodus's journey has not been easy. The company previously traded on the decentralized market before receiving SEC approval for listing on the mainstream platform in December 2024.

- Exodus is notable for developing a non-custodial wallet since 2015, supporting a variety of digital assets and NFTs.

- Although reporting a net loss of $10 million in the first quarter, revenue increased by 80% to $22.3 million due to service expansion. 📈

This event highlights a shift in the management's perspective towards the cryptocurrency industry.