In brief
Historic few days here 🚀 Thank you to everyone who has joined us in our mission!https://t.co/nswT3m2SLS
— Exodus (@exodus_io) April 12, 2021
$104,881.00
3.63%$2,397.71
7.18%$2.15
6.35%$639.40
2.92%$143.13
7.65%$0.999901
0.01%$0.272516
2.54%$0.162904
6.61%$2,396.24
7.25%$0.579688
6.00%$104,683.00
3.43%$36.91
4.34%$2,891.57
7.31%$2.78
11.86%$457.38
1.67%$12.95
10.57%$9.15
0.91%$0.245056
6.56%$18.02
8.54%$0.999791
-0.00%$2.89
5.38%$47.86
-0.78%$0.00001161
8.53%$0.151404
11.49%$84.37
5.20%$2,396.05
7.08%$1.00
-0.01%$2,564.62
7.13%$311.12
3.02%$1.001
-0.06%$3.39
6.26%$4.23
4.30%$104,836.00
3.51%$0.00000989
11.50%$6.81
8.32%$0.525625
4.20%$259.04
12.23%$1.18
0.07%$353.52
15.25%$52.01
-4.02%$1.00
0.00%$4.30
8.93%$0.085892
5.86%$1.057
0.03%$2.13
11.79%$4.90
6.54%$173.24
7.55%$16.35
7.25%$0.753082
11.32%$27.80
2.02%$0.999083
-0.19%$0.604514
3.55%$16.39
3.38%$0.073132
11.84%$4.45
0.22%$9.20
6.51%$0.02139864
10.06%$4.00
6.99%$0.690141
17.09%$0.083852
14.01%$104,516.00
3.48%$3.18
13.38%$0.26865
11.14%$0.180472
4.15%$0.178975
11.95%$0.934105
13.25%$2.24
6.99%$0.305114
11.71%$0.997843
0.07%$4.35
3.93%$0.264524
29.33%$1.00
0.03%$2,395.89
6.92%$98.11
7.43%$11.02
2.51%$1.00
0.01%$151.30
7.60%$0.208057
7.87%$0.406711
16.76%$1.19
7.30%$1.25
21.32%$0.01699148
5.58%$2,723.53
6.89%$2,509.38
7.03%$11.18
13.29%$1.65
19.55%$0.00001392
13.19%$1.57
12.20%$1.022
10.65%$0.31908
14.24%$1.001
0.05%$0.999935
0.01%$0.640534
13.64%$0.548228
11.59%$0.058813
5.49%$0.999402
-0.02%$2,567.70
7.54%$104,715.00
3.62%$1.11
-0.01%$3.05
2.47%$2,514.34
7.01%$3,377.34
-0.27%$639.37
2.89%$104,648.00
3.58%$0.832691
19.61%$3,356.54
-0.41%$0.520155
8.91%$105,546.00
3.05%$0.081727
10.81%$2,518.25
6.99%$0.577808
8.25%$0.417668
14.51%$159.98
7.75%$2.11
6.22%$111.54
0.02%$186.25
7.55%$2.18
7.68%$0.00007236
12.81%$0.822754
6.41%$2,587.03
6.91%$41.40
8.39%$0.998709
0.02%$0.666484
10.78%$0.01015914
0.98%$0.709802
7.77%$1.084
-0.82%$0.01301129
16.71%$18.76
9.24%$0.161953
9.72%$0.254304
8.79%$0.01380613
9.76%$0.234837
9.22%$0.00976921
13.64%$30.69
4.92%$0.997791
0.03%$0.0000006
6.89%$1.98
6.35%$104,279.00
3.53%$3.59
9.22%$0.425821
10.76%$0.532274
7.36%$104,427.00
3.41%$0.095798
11.23%$2.04
10.70%$36.91
3.66%$2,396.74
7.10%$2,395.96
6.97%$0.329729
7.91%$0.521938
5.17%$0.48715
10.21%$104,874.00
3.62%$0.999852
-0.01%$2,561.27
7.10%$2,521.71
7.49%$0.260625
9.14%$0.998537
-0.07%$0.617234
9.14%$1.37
9.67%$0.01400089
5.49%$2,396.05
7.03%$0.424677
3.89%$7.83
0.18%$47.30
6.37%$0.061092
0.24%$0.999902
0.01%$2.34
5.55%$0.999519
-0.03%$36.91
6.33%$0.04250103
17.15%$0.418852
11.73%$0.162955
6.45%$1.35
15.60%$0.16047
34.95%$1.091
0.04%$0.989845
-0.86%$0.0000004
2.28%$0.00679582
19.70%$5.56
9.87%$1.001
0.03%$0.00424985
25.40%$0.998188
-0.51%$13.56
10.48%$2,394.97
7.27%$0.113824
10.10%$0.322088
17.14%$0.519625
8.80%$0.00001865
6.79%$2.26
9.70%$2,545.29
7.35%$0.975848
15.07%$0.487023
10.32%$0.00000092
25.86%$0.00409768
19.15%$1.14
12.01%$0.353828
4.78%$0.068756
7.94%$0.03465584
2.37%$0.164075
-2.37%$0.342059
4.80%$5.20
5.42%$0.03505238
8.11%$0.00339305
22.43%$0.135558
12.97%$1.17
4.20%$1.40
9.01%$2,641.37
7.06%$104,711.00
3.67%$104,704.00
3.48%$19.72
1.38%$0.01671232
2.88%$1.00
0.03%$2,618.99
6.93%$0.9994
0.04%$0.99939
-0.09%$156.25
7.69%$2,396.42
7.12%$0.03065781
-1.55%$0.00005527
4.91%$1.10
10.12%$0.999922
0.03%$0.741626
26.04%$10.03
3.30%$0.300745
15.19%$0.707177
5.14%$0.444141
6.59%$2,398.15
7.32%$108.96
6.58%$0.00338763
6.39%$0.061333
12.04%$105,541.00
4.60%$0.00000137
4.07%$18.01
8.43%$1.004
0.70%$1.68
-0.99%$0.00516758
14.26%$0.59431
6.87%$0.595258
16.16%$102,763.00
3.51%$1.017
0.13%$2,105.39
3.53%$0.180613
4.41%$6.11
10.48%$0.181482
7.82%$101,677.00
3.11%$0.00366846
15.81%$0.999234
0.00%$14.64
6.62%$19.91
8.58%Coinbase isn’t the only crypto company selling shares this week.
Exodus, the creator of a popular non-custodial crypto wallet, has raised $60 million since April 8 by selling stock in the company. It’s calling the sale, which was cleared by the US Securities and Exchange Commission (SEC), the largest “regulated crypto public offering” ever.
Last week, the company put $75 million in shares up for sale at $27.42 apiece. However, instead of accepting US dollars, Exodus only took a trio of crypto assets commonly stored in its wallets: Bitcoin, Ethereum, and USDC stablecoin. Its plan is to tokenize the shares on a public blockchain within nine months.
Historic few days here 🚀 Thank you to everyone who has joined us in our mission!https://t.co/nswT3m2SLS
— Exodus (@exodus_io) April 12, 2021
The Regulation A sale allowed the firm to reach beyond accredited (read: well-to-do) investors to those often left out of securities sales. “Think of this as the 2021 version of an ICO—compliant, transparent, and offered by a profitable company with a working product,” Exodus COO Sebastián Milla Goñi told Decrypt in March.
ICOs, or initial coin offerings, allowed crypto startups to raise money from everyday people. In exchange for providing crypto startups with capital, investors would receive tokens that could later be used on that project’s platform. Though tremendously popular, the SEC all but nixed the concept back in 2018, viewing them as unregulated securities offerings.
Blockchain project Stacks (née Blockstack) was the first crypto company to get permission from the SEC to conduct a token sale, raising $23 million. Trading platform INX is in the middle of what it hopes is a $117 million registered token offering.
According to an April 12 press release from Exodus, over 4,000 people have committed to investing in Exodus stock, with 92% of commitments coming from non-accredited investors.
The sale remains open to US investors outside of the states of Arizona, Florida, and Texas.