Exodus Wallet Makes Historic NYSE Debut as First Crypto Firm of 2025

Exodus Wallet Makes Historic NYSE Debut as First Crypto Firm of 2025

By Michael Edwards

January 22, 2025 at 08:42 PM

Exodus Movement Inc. has successfully listed on the NYSE American exchange, marking a significant milestone as the first cryptocurrency firm to go public on NYSE in 2025. The company, known for developing self-custodial crypto wallets supporting Bitcoin and Algorand, achieved this after an initial SEC rejection in May 2024.

The stock, which previously traded as "EXOD" on OTC Markets, reached a peak of $41 in December 2024 during the uplisting anticipation phase. This successful listing creates a potential pathway for other cryptocurrency companies considering public market entry in 2025.

The move represents a notable advancement in crypto companies' integration into traditional financial markets, particularly given the previous regulatory hurdles faced by the sector.

Related Articles

Previous Articles