PANews August 11 news, according to Globenewswire reports, the self-hosted cryptocurrency platform Exodus Movement, Inc. (NYSE code: EXOD) announced a partnership with Superstate to create common stock tokens that digitally represent Exodus's Class A shares on other major public blockchains.
Exodus plans to utilize Superstate's stock token issuance platform Opening Bell, which enables companies to create stock tokens on mainstream blockchains, starting with Solana, which digitally represents shares. With Opening Bell, Exodus will be able to issue its common stock tokens on mainstream blockchains to complement its existing Algorand-based common stock tokens and plans to issue common stock tokens on Ethereum and other leading blockchains.