Exodus, Superstate Partner for Blockchain-Based Common Stock Tokens

Friday, Aug 8, 2025 7:24 am ET1min read

Exodus Movement, a self-custodial cryptocurrency platform, has partnered with Superstate to create digital representations of its Class A shares on major public blockchains, starting with Solana. This move aims to complement the company's existing Algorand-based common stock tokens and pave the way for tokens on Ethereum and other leading blockchains. The partnership enables Exodus to expand the availability of its common stock tokens, aligning with its vision of building a world where every asset becomes tokenized.

Omaha, Neb., Aug. 08, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus"), a leading self-custodial cryptocurrency platform, has announced a partnership with Superstate to create digital representations of its Class A shares on major public blockchains, starting with Solana. This move aims to complement the company's existing Algorand-based common stock tokens and pave the way for tokens on Ethereum and other leading blockchains.

Exodus plans to utilize Opening Bell, Superstate’s stock token issuance platform, which enables companies to create stock tokens on major blockchains. This strategic partnership will allow Exodus to extend the availability of its common stock tokens to new chains, creating more opportunities for innovation and investor access.

"Exodus has always believed in building a world where every asset becomes tokenized," said JP Richardson, CEO of Exodus. "Partnering with Superstate enables us to extend the availability of Exodus’ common stock tokens to new chains like Solana and Ethereum, creating more opportunities for innovation and investor access."

Superstate is proud to partner with Exodus, paving the way for the future of on-chain finance. "Superstate is paving the way for the future of on-chain finance, so Exodus, the first U.S. public company with a common stock token, is proud to partner to create a new era for tokenized assets," said Robert Leshner, CEO of Superstate.

The partnership will also explore other innovative use cases and benefits for common stock tokens, which will be announced as warranted. Further information on the timing for the posting of Exodus common stock tokens with Superstate’s Opening Bell is forthcoming.

Exodus and Superstate are committed to driving the future of accessible and secure finance. Learn more at exodus.com or follow us on X at x.com/exodus.

References:
[1] https://www.globenewswire.com/news-release/2025/08/08/3130074/0/en/Exodus-Announces-Plan-to-Expand-Blockchains-for-its-Common-Stock-Tokens-with-Superstate.html

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