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Exodus Announces Plan to Expand Blockchains for its Common Stock Tokens with Superstate
Globenewswire· 2025-08-08 11:20
OMAHA, Neb., Aug. 08, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus"), a leading self-custodial cryptocurrency platform, today announced a partnership with Superstate to create common stock tokens to digitally represent Exodus’ Class A shares on additional major public blockchains. Exodus plans to utilize Opening Bell, Superstate’s stock token issuance platform that enables companies to create stock tokens on major blockchains, starting with Solana, which digitally represent ...
Upexi Announces Intent to List SEC-Registered Shares On-Chain via Superstate’s Opening Bell
Globenewswire· 2025-06-26 12:00
Core Insights - Upexi, Inc. plans to tokenize its SEC-registered shares using the Opening Bell platform from Superstate, enhancing shareholder access and leveraging the Solana ecosystem [1][2][3] - The company currently holds 735,692 SOL, reflecting an 8% increase from 679,677 SOL reported on May 28 [3] Company Overview - Upexi specializes in the development, manufacturing, and distribution of consumer products and has diversified into the cryptocurrency space [4] - The company is recognized as the largest Solana treasury company, aiming to acquire and hold as much SOL as possible [2] Tokenization and Technology - Opening Bell, launched in May 2025, allows companies to issue tokenized public equity via blockchain, initially utilizing Solana [3] - Tokenization is expected to provide benefits such as 24/7 trading, real-time settlement, and broadened investor access without impacting existing shareholder rights [7] Leadership and Strategy - Upexi is led by CEO Allan Marshall, who emphasizes the company's commitment to the Solana ecosystem and the potential for long-term value creation through intelligent capital markets strategies [2][3] - The partnership with Superstate, a leading SEC-registered transfer agent, is aimed at harnessing Solana's speed and scalability [2]