Exodus Wallet

Last updated

Exodus Wallet
NYSE American: EXOD
ISIN US30209R1068
Industry
Founded2015;10 years ago (2015)
Founder
  • JP Richardson
  • Daniel Castagnoli
Headquarters Omaha, Nebraska, U.S.
Website https://www.exodus.com/

Exodus is a cryptocurrency wallet available on desktop and mobile platforms. [1] It was founded in 2015 by JP Richardson and Daniel Castagnoli. [2] Exodus wallet supports digital assets including Bitcoin, Ethereum, and Solana. [3] It is available on Windows, macOS, Linux, iOS, Android, and as a browser extension. [3]

Contents

The wallet supports hardware-wallet integration (via a physical device often resembling a USB to store cryptocurrency and private keys). [1] The app integrates with hardware wallets provided by another company, Trezor. [3]

Overview

Exodus Movement, Inc., headquartered in Omaha, Nebraska, operates as a remote company. [4] In April 2021, the company raised $60 million in equity tokenization (digital tokens representing actual shares) offering, becoming the first company to do a crypto-only public equity offering. [5] The company is publicly traded on the NYSE American under the ticker EXOD and in June 2025 held a corporate treasury including Bitcoin, Ethereum, and SOL. [5] [3]

According to Bogdan Kagan writing for finance magnates, users retain control of private keys which are encrypted locally. [2] It allows staking for select tokens (locking digital tokens including ETH, MATIC, SOL, APT, AXL, to earn rewards), NFT management, and fiat (government-backed currency) on‑off ramps via partnerships. [1] It supports altcoins including Aragon, EOS, and Golem. [6]

History

Exodus was founded in 2015 by programmer JP Richardson and designer Daniel Castagnoli. [2]

The first public release occurred in mid‑2016. [7] Exodus conducted an equity offering for digital shares (security token offering) in May 2021 using Algorand-based EXIT tokens, becoming the first U.S. company to have its common stock tokenized. [8]

References

  1. 1 2 3 Campbell, Tessa. Kane, Libby (ed.). "Best Bitcoin Wallets In 2025: What To Know Before You Invest". Business Insider. Retrieved August 10, 2025.
  2. 1 2 3 "The Exodus Wallet: User Friendly and Secure, But No Two Factor Authentication | Finance Magnates". Financial and Business News | Finance Magnates. June 19, 2018. Retrieved August 3, 2025.
  3. 1 2 3 4 "Exodus Movement, Inc. (EXOD) Company Profile & Facts - Yahoo Finance". Yahoo Finance. Archived from the original on March 23, 2025. Retrieved August 3, 2025.
  4. "Exodus Movement, Inc". www.sec.gov. Retrieved August 11, 2025.
  5. 1 2 McMahon, Kari. "A crypto wallet founder breaks down how he secured $60 million within 5 days from investors wanting to back tokenized shares — and how he almost became a 'Doge millionaire'". Business Insider. Retrieved August 3, 2025.
  6. Rist, Oliver (September 18, 2018). "Exodus Review". PCMAG. Retrieved August 3, 2025.
  7. Rajbhar, Abhishek (January 14, 2025). "What is Exodus Wallet?". Gate.com. Retrieved August 11, 2025.
  8. "First! Crypto Wallet Exodus Movement Becomes First Company To Raise $75 Million Under Updated Reg A+ Rules | Crowdfund Insider". May 10, 2021. Retrieved August 3, 2025.