Exodus partners with Superstate to tokenize its shares on Solana

Tokenization is a growing trend in crypto markets, and Exodus is leading by example. On Friday, August 8, the self-custodial crypto platform announced a partnership with Superstate to tokenize its shares.

Specifically, Exodus will issue stock tokens that represent its Class A shares. These tokens will initially launch on the Solana (SOL) network, with plans to expand them to several other major public blockchains.

“Exodus has always believed in building a world where every asset becomes tokenized, said JP Richardson, CEO of Exodus. “This strategic step lays the foundation for the future of finance and digital asset adoption.”