Key Points:
- Crypto wallet provider Exodus stock is officially listed on the New York Stock Exchange.
- The company, led by CEO JP Richardson, celebrated the listing with a ringing of the NYSE Opening Bell.
Crypto wallet provider Exodus Movement has finally listed its stock on the New York Stock Exchange.
Read more: Exodus Wallet Review: Great Crypto Wallet For Every Trader
Crypto Wallet Provider Exodus Movement’s Stock Listed on NYSE
The event was commemorated with an NYSE Opening Bell ringing today, led by CEO JP Richardson and the company’s leadership team.
The milestone further underlines Exodus‘ continued progress in integrating digital asset firms into the traditional financial system. It operates debt-free with more than 1,900 BTC and 2,660 ETH, among other major cryptocurrency reserves on the balance sheet. Guided by the idea of “user-first” approaches, the firm innovates ceaselessly within the digital assets sector.
After some delay, the Class A common stock of the company finally started trading on NYSE American under the ticker symbol “EXOD” on December 18, 2024. Exodus first announced its NYSE listing in May 2024, but the listing process was delayed for a review by the U.S. Securities and Exchange Commission (SEC).
Exodus Strengthens Wallet Platform with Fee Cuts
Besides the listing, the crypto wallet provider Exodus has also been upgrading its cryptocurrency wallet platform by releasing a new swap experience.
The update improves transaction speed tremendously, cuts costs, and ultimately offers more flexibility when it comes to digital asset swaps. It contains lower fees of 0.5%, which also especially benefits SOL-based transactions with the introduction of fixed rates for price transparency.
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