TechFlow news, according to CoinDesk, cryptocurrency wallet provider Exodus Movement announced that its planned listing on the NYSE American exchange, originally scheduled for Thursday, will not proceed as expected. On Wednesday, Exodus was informed by NYSE American that staff at the U.S. Securities and Exchange Commission (SEC) are still reviewing Exodus’s registration statement—despite the company stating the declaration had become effective by the end of April. A press release on Wednesday stated, "The company may reconsider the listing once SEC staff completes its review of the registration statement."
In a statement on Wednesday, Exodus CEO JP Richardson said the company was "surprised and confused" by this last-minute decision. He added, "We remain hopeful that the SEC will uphold its commitment and treat us as required by law. Throughout this process, Exodus has been fully transparent and responsive, and we hope this matter can be resolved swiftly."
