Exodus to Bring Its Tokenized Public Stock to the Solana Blockchain; SOL Price Reacts
Main Idea
Exodus is partnering with Superstate to bring its tokenized public stock (EXOD) to the Solana blockchain, expanding access for crypto-native investors and continuing its multi-chain strategy that began on Algorand.
Key Points
1. Exodus is collaborating with Superstate's 'Opening Bell' platform to issue its publicly traded stock on Solana, adhering to U.S. securities laws.
2. Exodus was the first U.S. public company to tokenize its stock, initially launching on Algorand in 2021.
3. The move aims to provide crypto-native investors with direct access to Exodus's stock on a blockchain known for low fees.
4. Solana's price showed bullish momentum following the announcement, with SOL trading at $177 and RSI indicating potential further upside.
5. The partnership highlights the growing trend of tokenizing traditional equities on blockchain platforms.
Description
Exodus is bringing its publicly traded, tokenized stock (EXOD) to the Solana blockchain. The company is partnering with Robert Leshner’s Superstate and its “Opening Bell” platform. Exodus was the first US public company to tokenize its stock, initially launching on Algorand. Exodus is bringing its publicly traded stock to Solana. The company announced on Friday, August 8, 2025, a new partnership with Superstate to issue its Class A common stock as a token on the Solana blockchain, making it one ...
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