Exodus Movement, Inc., the developer of the non-custodial crypto wallet Exodus, is set to go public on May 9 on the NYSE American to create long-term value for investors. The company’s common stock has received approval for listing on the New York Stock Exchange and will begin trading under the symbol EXOD on May 9. This marks a significant milestone for Exodus, allowing them to expand their global shareholder base and boost stock liquidity. CEO JP Richardson believes the uplisting will increase awareness of Exodus and create greater long-term value for stockholders. Founded in 2015, Exodus is known for its software that allows users to store multi-chain assets and keep private keys without relying on a third party. In 2021, the company raised $60 million through a Regulation A sale, with most investments coming from non-accredited investors.
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