Exodus, a listed company, plans to collaborate with Superstate to create a common stock token

According to Globenewswire, Exodus Movement, Inc. (NYSE: EXOD), a self managed cryptocurrency platform, announced a partnership with Superstate to create a common stock token that represents Exodus' Class A stocks on other major public chains in digital form. Exodus plans to leverage Superstate's stock token issuance platform, Opening Bell, which enables the company to create stock tokens on mainstream blockchains, starting with Solana, which represents stock shares in digital form. With the help of Opening Bell, Exodus will be able to issue its common stock tokens on mainstream blockchains to supplement its existing Algorand based common stock tokens, and plans to issue common stock tokens on Ethereum and other leading blockchains.