Cryptocurrency wallet company Exodus Movement (EXOD) has been approved to list on the NYSE American, the sister market of the New York Stock Exchange.
Exodus, which will be listed under its current ticker when trading begins Dec. 18, was originally scheduled to list on the NYSE American in May, but the U.S. Securities and Exchange Commission (SEC) is still reviewing the company's registration. He said that there is. .
The approval of Exodus' uplisting may be a sign of a change in regulatory sentiment toward cryptocurrencies, following President-elect Trump's victory in the November election on a promise to run a pro-cryptocurrency administration.
Exodus JP CEO Richardson said, “We expect this stock listing to increase Exodus' corporate profile and increase liquidity for current and future shareholders.''
Exodus stock, which is currently listed on the over-the-counter market (OTCQX), rose 10.5% with all the gains combined.
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