Exodus announced a partnership with Superstate to issue its Class A common stock as tokens on the Solana blockchain. The move will make Exodus among the first U.S. public companies to expand tokenized equity to Solana. This development follows the company’s earlier launch of tokenized stock on Algorand in 2021.
Exodus confirmed the expansion through a Friday, August 8, 2025, announcement, stating it will use Superstate’s “Opening Bell” platform. The platform, led by Compound founder Robert Leshner, connects traditional equity markets with blockchain-based assets under U.S. securities regulations. It enables real-time token issuance and on-chain record keeping for corporate securities.
Exodus Movement (NYSE: EXOD) @exodus announces integration with @superstatefunds to create common stock tokens on #Solana.
OMAHA, Neb., August 8, 2025 — Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus"), a leading self-custodial cryptocurrency platform, today announced a… pic.twitter.com/syDdtkGPS1
— MartyParty (@martypartymusic) August 8, 2025
By adding Solana, Exodus seeks to provide more crypto-native investors direct access to its equity through self-custody wallets. The company indicated in its SEC filing that this is part of a multi-blockchain listing strategy. Future plans include extending tokenized stock offerings to Ethereum and other top blockchains.
Exodus’s stock tokens on Algorand, trading under ticker EXOD, remain legally identical to shares on the NYSE American exchange. The company’s Solana-based tokens will follow the same legal structure. This structure allows investors to hold stock directly without intermediaries.
On the same day, SOL price at $177, moving above the 50-period EMA of $170.64 on the 4-hour chart. The RSI stood at 64.86, approaching overbought territory but still signaling potential for further gains. Volume stayed steady, with noticeable increases during upward price movements.
Solana has gained over 17% since a late July correction pushed it below $150. The asset is now approaching its mid-July highs. This upward trend has coincided with renewed institutional interest in blockchain-based equity solutions.
Market analysts note that fast settlement times and low transaction fees make Solana attractive for tokenized securities. The Exodus partnership could further highlight Solana’s institutional adoption potential. However, trading conditions will continue to depend on broader market momentum and liquidity flows.
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