Exodus to Listing on the NYSE American

• Crypto pockets maker, Exodus Motion, will quickly start buying and selling on the NYSE American, a sibling trade to the New York Inventory Change.
• The SEC permitted the appliance after initially denying it in Could 2024.
• The corporate will commerce beneath the ticker EXOD.

The crypto pockets firm, Exodus Motion, will start buying and selling on the NYSE American beneath the ticker EXOD on the opening bell of Dec 18 following its approval by the SEC.

The corporate had initially utilized to be listed earlier within the yr however was denied in Could by the present administration. Nevertheless, an approval just lately got here as a brand new regulatory tide prepares to comb throughout the US.

Not a lot data has been supplied concerning the variety of shares that will likely be listed on the NYSE American trade, however Exodus at present has 6.57 million shares on the OTCQX trade the place it at present trades.

Exodus’ journey to itemizing

Exodus is a well-liked storage and pockets supplier that has grown since its inception in 2015 to offer enterprise options like wallet-as-a-service and a swap engine.

Nevertheless, its flagship merchandise are cell and desktop wallets permitting individuals to retailer, ship, and swap cryptocurrencies throughout numerous blockchain networks.

The corporate was listed on the OTCQB Enterprise market beneath the ticker EXOD in January 2024 and can now uplist on the NYSE American.

EXOD trades at $36.68 on the time of publishing.