Exodus Wallet gets the SEC approval for Regulation A stock offering

After getting approval from SEC, you can buy Exodus shares through its wallet.


Exodus which is a crypto wallet provider is happy to announce that SEC has authorized it to sell its shares of operation, so users can start purchasing them any time now.

“Exodus Movement, Inc., a Delaware corporation that has developed a leading non-custodial cryptocurrency software platform, received notice that the Securities and Exchange Commission has qualified its offering of Class A common stock under Regulation A.” announced Exodus on Thursday.

Exodus is not new in the world of crypto. They have been around for long as desktop crypto wallets and they cover many crypto assets. Within the wallet, you can also swap assets and now you can also buy the company’s shares.

What is regulation A offering and why is it significant?

Regulation A offers a perk and that according to Investor.gov. is selling “unregistered” shares for which Exodus had applied earlier in February.

$27.42 was the price stated for each unit of the Class A common stock on Thursday and the statement says “All investors must be registered with the Exodus transfer agent Securitize,” and suggests two ways to register; Securitize or in the Exodus wallet itself.

"Exodus is currently exploring partnerships with alternative trading systems (ATS) that could potentially expand the availability of Exodus shares. Exodus intends to make the Class A common stock available for trading on several ATS, including the tZERO ATS within nine months of this offering."



Latest News

$150 million in USDT was frozen by Tether

A rationale for blacklisting three addresses has not been given by Tether, although it has done so in the past to cooperate with law enforcement and help exchan ...

JAN 14, 2022

Pakistanis have $20 billion in crypto assets

The local association chief said that Pakistanis have $20 billion in crypto assets, and they need to set up a policy for that. ...

DEC 22, 2021

With many parachain deployments, Polkadot anticipates disrupting Web 3.0.

Parachains have been among the greatest achievements of Polkadot and it took Polkadot five years to build them which were auctioned off to teams. ...

DEC 19, 2021

Reddit will go public

Internet forum Reddit Social network announced its plans of going public and it is filing for an IPO. ...

DEC 17, 2021


The U.S. Securities and Exchange Commission (SEC)




The U.S. Securities and Exchange Commission (SEC)