TechFlow News — According to Decrypt, crypto wallet Exodus has announced a partnership with Securitize to issue its security token EXIT on Algorand. Exodus expects its shares to be listed on tZERO, and anticipates that the EXIT token will be usable on tZERO to facilitate trading of Exodus’ Class A common stock.
Previously, Exodus sold $75 million worth of its common stock, which could only be purchased through its wallet. For this sale, the company chose to accept only Bitcoin, Ethereum, and the USDC stablecoin as payment. Exodus described the SEC-registered stock offering as the largest “regulated cryptocurrency public offering” in history.
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