Main software program cryptocurrency pockets Exodus has gone public on the digital asset securities agency Securitize Markets following a $75 million crowdfund capital elevate.
Exodus’ shares started buying and selling on Securitize on Wednesday, permitting traders from all throughout america and worldwide traders from greater than 40 international locations to commerce the Exodus Class A typical inventory.
Buying and selling underneath the ticker image EXOD, the Exodus Class A typical inventory is digitally represented on the Algorand blockchain through widespread inventory tokens.
Tokenized shares in @Exodus_io are actually buying and selling on Securitize Markets. Retail traders included! With 24-7 order placement, 8am-8pm ET buying and selling hours, near-instant deposits and promotional $0 payment buying and selling, get began right here: https://t.co/h55WEoAQMr pic.twitter.com/JasA5C7Qbx
— Securitize (@Securitize) March 16, 2022
In line with a spokesperson for Exodus, Securitize Markets is the second buying and selling venue to listing Exodus shares after launching on tZero in September 2021. The brand new itemizing on Securitize allows the agency to onboard new retail traders and lift funds, Exodus CEO and co-founder JP Richardson mentioned:
“Securitize’s platform enabled us to onboard over 6,800 principally retail traders and lift $75 million. Now, with the buying and selling of Exodus shares on their platform, it is all underneath one roof. We’re very excited concerning the elevated capability to commerce our shares.”
As beforehand reported, Exodus raised $75 million through a mini preliminary public providing sale authorised by the U.S. Securities and Change Fee in Could 2021. The SEC beforehand registered the Securitize platform as a switch agent in 2019. The digital securities platform is backed by some main crypto corporations and traders together with Coinbase, Morgan Stanley funding funds and Blockchain Capital.
“Now that Exodus shares can be found for retail traders to commerce on Securitize Markets, a much bigger marketplace for their shares, worth discovery and liquidity potential has been created, and this ought to be an instance to many different non-public companies that wish to elevate capital from their neighborhood,” Securitize CEO Carlos Domingo mentioned.
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Exodus initially bought its shares at a worth of $27.42 per unit. In line with the most recent out there knowledge on TradingView, Exodus was trading at $15.9 on Monday.
Based in 2015, Exodus is a serious software program cryptocurrency pockets built-in with a decentralized crypto change. Final week, the corporate reported practically $96 million in revenues for the fiscal 12 months of 2021, which is a 350% improve year-over-year.
