Crypto wallet developer Exodus has gone public on the Securitize Markets platform after raising $75 million in crowdfunding capital.
Crypto trading platform Securitize Markets has announced that Exodus Class A common shares have become available for trading to international investors from more than 40 countries. The shares are digitally traded under the ticker EXOD and are represented on the Algorand blockchain.
According to an Exodus spokesperson, Securitize Markets has become the second marketplace to list the company’s shares after launching on tZero last September. Listing on Securitize will attract new retail investors as well as the necessary capital, said Exodus CEO Jay Richardson:
“The Securitize platform has helped us attract over 6,800 investors, mostly retail, and over $75 million in investments. Now that our shares are traded on their platform, we look forward to continuing our productive collaboration.”
In April last year, the US Securities and Exchange Commission (SEC) approved an application for the sale of Exodus stock tokens. This allowed the company to raise $60 million in just five days. Shares were traded for ETH, BTC and USDT.
Recall that Securitize announced the launch of an alternative system for trading tokenized shares of private companies Securitize Markets in October last year.
Source: Bits
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