tZERO Markets Begins Onboarding Exodus Investors in Preparation of Trading Exodus Shares
tZERO, a leader in blockchain innovation and liquidity for digital assets, announced that its wholly owned, FINRA member broker-dealer subsidiary, tZERO ATS, plans to admit the Exodus Movement, Inc. (Exodus) Class A common stock for secondary trading on the regulated alternative trading system operated by tZERO ATS (subject to customary due diligence and compliance with applicable regulatory requirements). The shares represent approximately $75 million of equity in Exodus, a Delaware corporation that has developed a leading non-custodial cryptocurrency software platform. It is anticipated that trading of Exodus Class A common stock will commence on the tZERO ATS this quarter (Q3 2021). Investors with an account at tZERO’s retail broker-dealer subsidiary, tZERO Markets, will be able to trade Exodus Class A common stock on the tZERO ATS.
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tZERO Markets has begun onboarding Exodus investors into its online trading platform. Investors seeking to purchase or resell the Exodus Class A common stock who do not have yet an account at tZERO@ Markets should visit https://www.tzero.com/investors/register for details on how to open a brokerage account so they are able to trade Exodus Class A common stock once it is live and trading.
tZERO CEO Saum Noursalehi stated, “Congratulations to the Exodus team for concluding its record raise. We are delighted to join forces with Exodus to support the trading of its digital security.”
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Founded in 2015, Exodus has grown to serve over two million users through its non-custodial, multi-asset software wallet where users can securely manage and exchange cryptocurrencies.
Exodus Co-founder and CEO JP Richardson shared, “We are looking forward to trading the Exodus common shares on the tZERO ATS. Our investors will benefit from having access to liquidity through our partnership with tZERO@, who we view as the leader in offering continuous trading for private assets.”
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