Crypto wallet firm Exodus gets SEC green light for NYSE American listing after earlier delays.
Exodus to List on NYSE American
Exodus Movement (EXOD), a prominent crypto wallet company, will begin trading on NYSE American on Dec. 18.
SEC’s Shift in Regulatory Sentiment
Initially denied in May, the uplisting approval comes amid a pro-crypto wave following President-elect Donald Trump’s victory. This move signals potential regulatory shifts favoring digital assets.
CEO Highlights Strategic Benefits
JP Richardson, Exodus CEO, stated the uplisting will enhance liquidity and boost the company’s corporate profile. Exodus stock, currently trading on OTCQX, saw a brief 10.5% surge on the announcement.
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