Bitcoin wallet maker Exodus is listed on the New York Stock Exchange

Bitcoin wallet software developer Exodus Movement said Monday it has received approval to list its common stock on the New York Stock Exchange. “Our common stock is tokenized on the Algorand (ALGO) blockchain, making us the only company in the United States to tokenize our common stock on the blockchain,” said J.P. Richardson, CEO and co-founder of Exodus.

SEC qualification means the company has the right to offer and sell its Class A common stock to investors pursuant to Regulation A of the Securities Act, which in turn allows Exodus to raise capital from the public in a regulated manner.

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