Exodus Announces Plans to Collaborate with Superstate to Create Common Stock Tokens

According to Jinse Finance, cryptocurrency platform Exodus Movement, Inc. has announced a partnership with Superstate to create common stock tokens on more major public blockchains, digitally representing Exodus’s Class A shares. Exodus plans to leverage Superstate’s stock token issuance platform, Opening Bell, which enables companies to create stock tokens on leading blockchains, starting with Solana, to digitally represent equity shares. Through Opening Bell, Exodus will be able to have common stock tokens on its primary blockchains to complement the company’s existing Algorand-based common stock tokens and advance plans to issue common stock tokens on Ethereum and other leading blockchains.