Bitcoin wallet maker Exodus to go public on New York Stock Exchange

Exodus Movement, a Bitcoin wallet software developer, announced on Monday that the company has been approved to list its common stock on the New York Stock Exchange. JP Richardson, CEO and co-founder of Exodus, said that our common stock has been tokenized on the Algorand (ALGO) blockchain, making us the only company in the United States to tokenize common stock on a blockchain.

The SEC qualification means that the company has been authorized to offer and sell its Class A common stock to investors under Regulation A of the Securities Act, which in turn allows Exodus to raise funds from the public in a regulated manner.