SEC approves Exodus wallet for Regulation A stock offering
Exodus shares are now available for purchase through its wallet. Crypto wallet provider Exodus recently received the green light from the United States Securities and Exchange Commission, or SEC, to sell shares of its operation. According to a public statement from Exodus on Thursday: “Exodus Movement, Inc., a Delaware corporation that has developed a leading non-custodial cryptocurrency software platform, received notice that the Securities and Exchange Commission has qualified its offering of Class A common stock under Regulation A.” The shares hit the market last night in the U.S., and....
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Exodus’ claimed record share sale is set to be shattered by Coinbase later today. Crypto wallet provider Exodus has raised more than $59 million in just five days as investors flocked to participate in the public offering.Exodus Movement, Inc., a firm based in Delaware, began selling stock on April 8 in a sale that was approved by the U.S. Securities and Exchange Commission (SEC). The shares were listed for $27.42 apiece with a maximum investment of 2,733,229 shares.According to an April 12 report, the offering will close once the maximum offering amount of $75 million has been reached.....
Exodus reported nearly $96 million in revenues for the fiscal year of 2021, which is a 350% increase year-over-year. Major software cryptocurrency wallet Exodus has gone public on the digital asset securities firm Securitize Markets following a $75 million crowdfund capital raise.Exodus’ shares started trading on Securitize on Wednesday, allowing investors from all across the United States and international investors from more than 40 countries to trade the Exodus Class A common stock.Trading under the ticker symbol EXOD, the Exodus Class A common stock is digitally represented on the....
Exodus, the multi-asset wallet with a strong design and usability emphasis, now includes ShapeShift built-in. This allows users to trade between blockchain assets without leaving the wallet app. In-App Trading. ShapeShift.io announced the move on October 5, saying it had worked with Exodus since late 2015 to integrate its API. Exodus users can maintain....
There is huge demand for crypto companies to go public right now — but in this day and age, are initial public offerings their only option? Beyond Coinbase, are there any other examples?One company that has been in the process of completing a Reg A token sale is Exodus.Exodus — which offers desktop, mobile and hardware crypto wallets — said that it wanted to pursue this approach to ensure that its users had equal access to equity as venture capital firms and crypto whales.The company’s stock was listed at a price of $27.42 a share, and was available directly through the Exodus wallet in....
Cryptocurrency wallet firm Exodus has been paying all its staff fully in Bitcoin since launching its software wallet in 2015, CEO JP Richardson said. Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total market cap dropping below $1 trillion on Monday.Since launching its software crypto wallet back in 2015, Exodus has been paying its staff 100% in BTC, Exodus co-founder and CEO JP Richardson told Cointelegraph.The company continued to pay all its 300 employees in BTC even during major market downturns, by....