Digital asset platform Exodus has announced a partnership with asset management firm Superstate to tokenize its Class A common stock.
Using Superstate’s Open Bell platform, Exodus will issue digital tokens representing its Class A shares, offering them directly to investors.
The initial launch of these tokenized shares will occur on the Solana blockchain. Exodus has indicated plans to expand availability to other major blockchains, including Ethereum, after the Solana debut.
This initiative aims to significantly enhance the liquidity and accessibility of Exodus’s stock for investors, bypassing traditional barriers.
The move represents a strategic effort to integrate traditional financial assets like corporate equity with blockchain technology.