Exodus Crypto Wallet Maker Approved to List on NYSE American

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Exodus Movement (EXOD), a crypto wallet company, has received approval to list on the NYSE American, starting Dec. 18 with a reserve of 1,900 BTC. This comes after the SEC denied its initial listing request in May, citing ongoing reviews. The uplisting signals a potential shift in regulatory views on cryptocurrency, especially after President-elect Trump’s pro-crypto stance. Exodus CEO JP Richardson believes this move will raise the company’s profile and enhance shareholder liquidity. Exodus stock, previously listed on OTC Markets, saw a brief 10.5% rise before stabilizing.