Crypto wallet company Exodus Movement (EXOD) has been approved to list on the NYSE American, the New York Stock Exchange’s sibling market. Exodus, which will be listed under its current ticker at the open of trading on Dec. 18, was originally meant to be listed on NYSE American in May, but the U.S. Securities and Exchange Commission (SEC) said it was still reviewing the company’s registration.
The approval of Exodus’ uplist may be a sign of a change in the regulatory sentiment toward cryptocy following President-elect Trump’s victory in November’s election with the promise of running a pro-crypto administration.
“We expect this uplisting will raise Exodus’ corporate profile, while also enhancing liquidity for our current and future shareholders,” CEO of Exodus JP Richardson said. Exodus stock, currently listed on the OTC Markets (OTCQX), rose as much as 10.5% before pairing all of the gains.
NFT platform Candy Digital has announced plans to migrate its digital collectibles ecosystem to the Solana blockchain, signaling…
The U.S. military has confirmed it is actively running a Bitcoin node as part of national security research, while…
The Web3 gaming sector is facing a harsh reality check as new data reveals that more…
Justin Sun, founder of TRON, has filed a federal lawsuit against World Liberty Financial, a crypto venture…
Tether has frozen approximately $344 million in USDT on the Tron blockchain after the wallets were flagged by U.S. authorities, marking…
Prediction market platform Kalshi has fined and suspended three U.S. congressional candidates after determining they engaged in “political…