Exodus Announces Its Entrance to the New York Stock Exchange with Blockchain-based Common Stock

Exodus,
a
U.S.
company,
is
set
to
enter
the
New
York
Stock
Exchange
with
its
unique
blockchain-tokenized
common
stock,
making
it
the
only
company
in
the
U.S.
to
offer
such
a
product.
Despite
increased
regulatory
scrutiny
on
cryptocurrency-related
projects,
the
company
has
received
SEC
qualification
and
is
optimistic
about
the
future
of
blockchain
technology
integrating
with
traditional
stock
markets.

Exodus
Announces
Its
Entrance
to
the
New
York
Stock
Exchange
with
Blockchain-based
Common
Stock

Exodus,
a
U.S.
company,
has
made
a
significant
announcement
regarding
its
EXOD
common
stock,
which
is
uniquely
tokenized
on
the
blockchain.
This
move
marks
the
company
as
the
sole
entity
in
the
United
States
to
offer
blockchain-tokenized
common
stock.
CEO
and
co-founder
JP
Richardson
highlighted
the
uniqueness
of
their
stock,
stating,

Our
common
stock
is
tokenized
on
the
Algorand
(ALGO)
blockchain,
making
us
the
only
company
in
the
U.S.
with
such
a
feature.
This
will
be
the
case
today
and
will
continue
into
Thursday.

The
transition
of
EXOD
stock
to
the

New
York
Stock
Exchange
(NYSE)
is
occurring
amidst
increased
regulatory
scrutiny
from
government
bodies
on
cryptocurrency
initiatives.
However,
Richardson
remains
optimistic
about
the
evolution
and
potential
of
digital
assets
becoming
mainstream
in
the
stock
market.
He
envisions
a
future
where
traditional
stocks
could
be
powered
by
blockchain
technology.

Exodus
received
SEC
approval
under

Regulation
A
of
the
Securities
Act,
allowing
it
to
offer
and
sell
shares
of
its
Class
A
common
stock
to
public
investors
in
a
regulated
manner.
This
SEC
qualification
is
a
testament
to
the
company’s
compliance
and
legitimacy
in
raising
capital
from
the
public.

Since
becoming
a
publicly
traded
entity
in
2021
through
a
stock
listing
with
broker-dealer
tZero,
Exodus
has
successfully
raised
$60
million
by
April
13,
2021.
Initially
traded
on
the
OTCQX
exchange,
the
EXOD
stock
will
be
available
there
until
May
8.
Starting
May
9,
the
stock
will
commence
trading
on
the
NYSE
American,
which
was
previously
known
as
the
American
Stock
Exchange
(AMEX).

Stay
Optimistic:
The
Innovative
Shift
to
Blockchain
Tokenization
on
Wall
Street

Richardson
also
elaborated
on
the
practical
advantages
of
tokenizing
the
EXOD
stock,
which
simplifies
and
accelerates
the
trading
process
for
investors.
This
approach,
he
noted,
brings
the
simplicity
of

cryptocurrency
transactions
to
traditional
stock
trading.
Moreover,
it
opens
up
new
possibilities
such
as
issuing
dividends
in
USDC
and
conducting
corporate
governance
and
voting
directly
on
the
blockchain.

Despite
ongoing
regulatory
challenges
in
the
cryptocurrency
sector,
Richardson
is
hopeful
about
the
future,
emphasizing
the
groundbreaking
work
being
done
in
tokenizing
stocks
on

the
blockchain.
He
asserts,
“This
hard
work
is
paving
the
way
for
a
new
era
of
blockchain-powered
traditional
stocks.”

Big
news!

Exodus
stock

$EXOD
starts
trading
on
the
NYSE
American
this
Thursday,
May
9th.

This
significant
milestone
paves
the
way
to
creating
long-term
value
for
our
investors
by
expanding
our
global
shareholder
base
and
boosting
stock
liquidity.

LFG!

—
JP
(Exodus)
(@jprichardson)

May
6,
2024

Dogeverse:
Revolutionizing
Crypto
with
a
Multi-Chain
Meme
Coin

Dogeverse
stands
out
in
the
digital
asset
realm
by
integrating
operations
across
six
blockchain
platforms,
including
Ethereum,
BNB
Chain,
Polygon,
Base,
Solana,
and
Avalanche.
This
strategic
interoperability
not
only
expands
user
accessibility
across
different
blockchain
preferences
but
also
enhances
Dogeverse’s
appeal
beyond
a
typical
meme
coin,
potentially
paving
the
way
for
its
evolution
in
the
crypto
market.

The
coin
is
personified
by
Cosmo,
a
shiba
inu,
which
adds
a
charming
dimension
to
its
branding.
Dogeverse’s
design
encourages
connectivity
among
various
blockchain
networks,
promoting
a
unified
ecosystem
amidst
a
typically
fragmented
blockchain
landscape.

One
of
Dogeverse’s
key
features
is
its
multi-chain
functionality,
which
broadens
its
market
by
appealing
to
users
with
preferences
for
specific
blockchain
attributes
like
Ethereum’s
robustness
or
Solana’s
cost
efficiency.
Additionally,
Dogeverse
aims
to
bridge
community
divides
through
technologies
such
as
Wormhole
and
PortalBridge,
which
could
foster
a
stronger,
more
integrated
community.

The
lore
of
Cosmo
enriches
the
token’s
narrative,
allowing
each
blockchain
community
to
craft
unique
legends
around
it,
potentially
elevating
Cosmo
to
a
mythical
status
that
could
rival
that
of
Dogecoin.

Dogeverse
has
set
its
total
supply
at
200
billion
tokens,
with
30
billion
dedicated
to
a
structured
presale
spanning
ten
stages.
The
presale’s
pricing
begins
at
$0.0000290,
escalating
to
$0.000299
in
the
final
stage.
Financially,
the
project
targets
a
soft
cap
of
$8.83
million
and
a
hard
cap
of
$17.002
million.

The
token
has
quickly
captivated
the
market,
raising
over
$300,000
on
the
first
day
of
its
presale.
For
those
interested,
more
details
and
participation
options
are
available
at

thedogeverse.com.

Visit
Dogeverse

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