- Exodus companions with Superstate to launch tokenized Class A inventory on Solana through the “Opening Bell” platform below U.S. securities legal guidelines.
- Transfer expands its 2021 Algorand tokenized fairness launch, with plans to deliver choices to Ethereum and different blockchains.
- SOL value hit $177, holding above key technical ranges as buying and selling quantity spiked following the announcement.
Exodus simply teamed up with Superstate to roll out its Class A typical inventory as blockchain tokens on Solana — making it one of many first U.S. public corporations to take tokenized fairness to this community. This isn’t their first rodeo both. Again in 2021, they launched the same setup on Algorand, and the Solana transfer retains the very same authorized framework intact.
Taking Fairness On-Chain with a Multi-Chain Plan
The announcement, made Friday (Aug 8, 2025), confirms Exodus will faucet into Superstate’s “Opening Bell” platform — a creation from Compound founder Robert Leshner — constructed to bridge conventional securities and blockchain below U.S. laws. The system handles dwell token issuance and on-chain file conserving for company shares.
By including Solana, Exodus is concentrating on crypto-native traders who wish to maintain inventory straight of their self-custody wallets. In accordance with an SEC submitting, that is simply step two in a much bigger multi-chain growth that will even embody Ethereum and different prime chains. Their current Algorand-based EXOD tokens already mirror shares on the NYSE American trade, and the Solana-based model will comply with the identical construction, giving traders a direct, intermediary-free method to maintain fairness.
SOL Worth Strikes with the Information
In the marketplace aspect, Solana (SOL) was buying and selling at $177 on the time of the announcement — sitting above the 50-period EMA of $170.64 on the 4-hour chart. The RSI learn 64.86, brushing up in opposition to overbought ranges however nonetheless leaving room for extra upside. Buying and selling quantity stayed regular, with noticeable spikes throughout upward pushes, suggesting merchants are taking note of the stock-token information.