BlockBeats News, October 20th, according to official sources, self-custody cryptocurrency platform Exodus Movement, Inc. (NYSE: EXOD) today announced that company shareholders can now choose to hold their Exodus Class A stock on the Solana blockchain in the form of common stock tokens with the technical support of the co-transfer agent Superstate. These digital representations are not stock entities but a digital representation of shareholders’ existing ownership in the co-transfer agent’s record-keeping.
Exodus’ landing on Solana this time is thanks to Superstate’s issuance platform “Opening Bell,” which supports companies in directly managing tokenized equity on blockchains such as Solana. As the first publicly listed company to offer common stock tokens, Exodus’ common stock tokens now coexist on both the Solana and Algorand blockchains, demonstrating Exodus’s strong commitment to cross-chain functionality (including its own products).
