Leggi questo articolo in Italiano Italiano

2 min read 19 Dec 2024

Exodus debuts on NYSE stock exchange: shares soar 37%

By Daniele Corno

Record-breaking debut for Wallet provider EXODUS after listing on NYSE: EXOD stock flies +37% on first day

Exodus debuts on NYSE stock exchange: shares soar 37%

EXOD lands on NYSE with record performance

The company behind Exodus, one of the longest-running multi-crypto wallets, debuted on the New York Stock Exchange (NYSE) yesterday. The listing, follows the approval the company received in May 2024.

EXOD stock closed the first day of trading with an impressive +37%, reaching an all-time high of$66 before stabilizing at around$52.

Founded in 2015, Exodus had previously traded in the OTC markets under the same ticker. The listing represents a significant step for the company, which now ranks among the few crypto companies to be listed on U.S. markets.

Trading on the NYSE American will enable Exodus to create greater long-term value for our shareholders by increasing our presence within the investment community and, in turn, increasing liquidity, ” said CEO and co-founder JP Richardson.

Financial growth and new partnerships

Exodus ended the third quarter of 2024 with$20.1 million in revenues, compared to a net loss of about $800,000. The company generates revenues mainly from exchange services ,FIAT currency onboarding and staking.

“In the third quarter, we achieved both revenue growth and year-over-year profitability, which demonstrates the strength of our business model as well as the growing market adoption of digital assets,” CFO James Gernetzke said instead.

Recently, Exodus has been working on new partnerships, including with hardware wallet maker Ledger and NFT platform Magic Eden. An operational strategy born with the goal of innovation, after being one of the market leaders since as far back as 2015.

X

Vuoi essere IL PRIMO a conoscere ciò che muove il mercato?

Resta aggiornato in tempo reale con le notizie importanti, dati e analisi ESCLUSIVE

bitcoin
Bitcoin (BTC) $ 104,607.03
ethereum
Ethereum (ETH) $ 2,518.89
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.17
bnb
BNB (BNB) $ 655.71
solana
Solana (SOL) $ 155.34
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.191014
tron
TRON (TRX) $ 0.267947
cardano
Cardano (ADA) $ 0.681241
staked-ether
Lido Staked Ether (STETH) $ 2,515.47
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,533.01
sui
Sui (SUI) $ 3.28
hyperliquid
Hyperliquid (HYPE) $ 32.61
wrapped-steth
Wrapped stETH (WSTETH) $ 3,027.48
chainlink
Chainlink (LINK) $ 13.90
avalanche-2
Avalanche (AVAX) $ 20.76
stellar
Stellar (XLM) $ 0.266366
bitcoin-cash
Bitcoin Cash (BCH) $ 410.16
leo-token
LEO Token (LEO) $ 8.69
the-open-network
Toncoin (TON) $ 3.16
shiba-inu
Shiba Inu (SHIB) $ 0.000013
usds
USDS (USDS) $ 1.00
hedera-hashgraph
Hedera (HBAR) $ 0.168622
weth
WETH (WETH) $ 2,519.71
litecoin
Litecoin (LTC) $ 87.33
wrapped-eeth
Wrapped eETH (WEETH) $ 2,687.17
polkadot
Polkadot (DOT) $ 4.08
monero
Monero (XMR) $ 326.53
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
bitget-token
Bitget Token (BGB) $ 4.70
ethena-usde
Ethena USDe (USDE) $ 1.00
pepe
Pepe (PEPE) $ 0.000012
pi-network
Pi Network (PI) $ 0.648813
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 104,640.04
whitebit
WhiteBIT Coin (WBT) $ 31.32
dai
Dai (DAI) $ 1.00
bittensor
Bittensor (TAO) $ 432.64
aave
Aave (AAVE) $ 241.88
uniswap
Uniswap (UNI) $ 6.08
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18
crypto-com-chain
Cronos (CRO) $ 0.102984
okb
OKB (OKB) $ 50.11
aptos
Aptos (APT) $ 4.74
near
NEAR Protocol (NEAR) $ 2.42
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 187.48
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
tokenize-xchange
Tokenize Xchange (TKX) $ 33.76
ondo-finance
Ondo (ONDO) $ 0.830425
internet-computer
Internet Computer (ICP) $ 4.91