Exodus Announces Plan to Expand Blockchains for its Common Stock Tokens with Superstate
OMAHA, Neb., August 8, 2025 -- Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus"), a leading self-custodial cryptocurrency platform, today announced a partnership with Superstate to create common stock tokens to digitally represent Exodus’ Class A shares on additional major public blockchains.
Exodus plans to utilize Opening Bell, Superstate’s stock token issuance platform that enables companies to create stock tokens on major blockchains, starting with Solana, which digitally represent shares of stock. With Opening Bell, Exodus will be able to have its common stock tokens on major blockchains to complement the company’s existing Algorand-based common stock tokens, and pursue plans for common stock tokens on Ethereum and other leading blockchains.
“Exodus has always believed in building a world where every asset becomes tokenized. Partnering with Superstate enables us to extend the availability of Exodus’ common stock tokens to new chains like Solana and Ethereum, creating more opportunities for innovation and investor access. This strategic step lays the foundation for the future of finance and digital asset adoption,” said JP Richardson, CEO of Exodus. “Superstate is paving the way for the future of on-chain finance, so Exodus, the first U.S. public company with a common stock token, is proud to partner to create a new era for tokenized assets.”
“Exodus has always been at the vanguard of tokenization, and Superstate is proud to partner on this journey. Together, we’re going to transform the future of public capital markets on-chain,” said Robert Leshner, CEO of Superstate.
While other tokenized stock offerings rely on wrapper or synthetic models — often done without issuer involvement — Superstate works directly with issuers to create stock tokens digitally representing shares and serves as the SEC-registered transfer agent, recording legal ownership on-chain with full compliance and permissioning.
As part of the partnership, Exodus and Superstate will also explore other innovative use cases and benefits for common stock tokens, which will be announced as warranted.
Further information on the timing for the posting of Exodus common stock tokens with Superstate’s Opening Bell is forthcoming. The registered transfer agent of shares of common stock of Exodus is not changing at this time.
About Opening Bell:
Opening Bell, launched by Superstate in May 2025, is a regulated on-chain issuance platform enabling companies to issue tokenized public equity via blockchain infrastructure making shares available on-chain, initially utilizing Solana. It allows compliant, programmable equity to participate in digital finance ecosystems.
About Exodus:
Exodus is a financial technology leader empowering individuals and businesses with secure, user-friendly crypto software solutions. Since 2015, Exodus has made digital assets accessible to everyone through its multi-asset crypto wallets prioritizing design and ease of use.
With self-custodial wallets, Exodus puts customers in full control of their funds, enabling them to swap, buy, and sell crypto. Its business solutions include Passkeys Wallet and XO Swap, industry-leading tools for embedded crypto wallets and swap aggregation.
Exodus is committed to driving the future of accessible and secure finance. Learn more at exodus.com or follow us on X at x.com/exodus.