Company:Exodus Wallet

From HandWiki
Exodus Wallet
NYSE American: EXOD
ISIN[https://handwiki.org/wiki/index.php?title=Toollabs:isin/&language=en&isin=US30209R1068 US30209R1068]
Industry
Founded2015; 11 years ago (2015)
Founder
  • JP Richardson
  • Daniel Castagnoli
HeadquartersOmaha, Nebraska, U.S.
Websitehttps://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]

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. 1.0 1.1 1.2 Campbell, Tessa. "Best Bitcoin Wallets In 2025: What To Know Before You Invest". in Kane, Libby (in en-US). https://www.businessinsider.com/personal-finance/investing/best-bitcoin-wallet. 
  2. 2.0 2.1 2.2 "The Exodus Wallet: User Friendly and Secure, But No Two Factor Authentication | Finance Magnates" (in en). 2018-06-19. https://www.financemagnates.com/cryptocurrency/education-centre/exodus-wallet-user-friendly-secure-no-2-factor-identification/. 
  3. 3.0 3.1 3.2 3.3 "Exodus Movement, Inc. (EXOD) Company Profile & Facts - Yahoo Finance" (in en-US). https://finance.yahoo.com/quote/EXOD/profile/. 
  4. "Exodus Movement, Inc". https://www.sec.gov/Archives/edgar/data/1821534/000114036121012255/nt10013846x18_253g2.htm. 
  5. 5.0 5.1 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'" (in en-US). https://www.businessinsider.com/crypto-investing-strategy-dogecoin-tokenizing-equity-exodus-jp-richardson-millionaire-2021-4. 
  6. Rist, Oliver (2018-09-18). "Exodus Review" (in en). https://www.pcmag.com/reviews/exodus. 
  7. Rajbhar, Abhishek (2025-01-14). "What is Exodus Wallet?" (in en). https://www.gate.com/learn/articles/what-is-exodus-wallet/5655. 
  8. "First! Crypto Wallet Exodus Movement Becomes First Company To Raise $75 Million Under Updated Reg A+ Rules | Crowdfund Insider" (in en-US). 2021-05-10. https://www.crowdfundinsider.com/2021/05/175193-first-crypto-wallet-exodus-movement-becomes-first-company-to-raise-75-million-under-updated-reg-a-rules/.