tZERO, a regulated ATS for digital securities, has scheduled Exodus Movement to commence trading on September 14, 2021.
As was previously reported, Exodus a non-custodial cryptocurrency software platform that aims to make cryptocurrency and digital assets easy for everyone, raised $75 million in a Reg A+ securities offering earlier this year. Under the securities exemption, an issuer may immediately list its shares for trading on an exchange or ATS marketplace.
Exodus reportedly raised $60 million within days of the offering and became the first issuer to hit the updated $75 million funding cap under Reg A+.
The Exodus service allows users to manage and exchange crypto across 10,000+ asset pairs and reports over 2 million users.
tZERO Interim CEO and Chief Legal Officer Alan Konevsky issued the following statement:
“We are happy to announce that Exodus’ digital security will be live and trading on the tZERO ATS on September 14, 2021, and look forward to supporting this asset.”
Investors interested in trading the digital security must create an account on tZERO.