NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), which operates a regulated market for trading in 12,000 U.S. and international securities, today announced that Exodus Movement, Inc. (OTCQX: EXOD) was announced. It is a non-custodial cryptocurrency software platform and is eligible to trade on the OTCQX® Best Market. Exodus Movement, Inc. has been upgraded from OTCQB® Venture Market to OTCQX.
Exodus Movement, Inc. begins trading today on the OTCQX under the symbol “EXOD.” US investors can find the company’s latest financial disclosures and real-time Level 2 quotes at www.otcmarkets.com.
OTCQX Markets provides investors with a premium U.S. public market for researching and trading stocks in investor-focused companies. Graduation to the OTCQX market is an important milestone for companies, allowing them to demonstrate their credentials and increase visibility among U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow corporate governance best practices, and demonstrate compliance with applicable securities laws.
Keefe, Bruyette & Woods, Stifel companyserved as the company’s OTCQX sponsor.
About Exodus Movement, Inc.
Exodus Movement, Inc. operates as a non-custodial cryptocurrency software platform company in the United States. Its multi-asset software wallet allows users to secure, manage, and exchange cryptocurrencies such as Bitcoin, Ethereum, and more. The company was founded in 2015 and is based in Omaha, Nebraska. For more information, please visit https://www.exodus.com/.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates a regulated market for trading in 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture market and pink® Open market.
Our OTC links® Alternative trading systems (ATS) provide the critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model provides companies with more efficient access to U.S. financial markets.
OTC Link ATS, OTC Link ECN, and OTC Link NQB are each SEC-regulated ATSs operated by OTC Link LLC, a FINRA- and SEC-registered broker-dealer, member SIPC.
To learn more about how to build better-informed, more efficient markets, visit www.otcmarkets.com.
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Media contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
Contact Exodus Customer Support
support@exodus.com
Contact Exodus
investor@exodus.com
Forward-looking statements
This press release contains forward-looking statements that are based on the Company’s beliefs and assumptions and information currently available as of the date of this press release. In some cases, forward-looking statements can be identified by words such as “will,” “expects,” “will,” “intends,” “believes” or other comparable terminology. Forward-looking statements in this document include, without limitation, quotes from management regarding our products, services, business trajectory and plans, and confidence in certain business metrics. These statements involve risks, uncertainties, assumptions and other factors that are difficult to predict and may materially affect actual results and performance.
On the contrary, it’s different.
Factors that could cause such differences include, but are not limited to: Exodus’ expectations regarding future customer adoption of dApps, DeFi, and NFTs compared to its competitors. the ongoing conflict in Ukraine, the impact of sanctions and other restrictive measures by the United States and other countries, and Russia’s potential response thereto; Changes in user behavior and user spending habits as a result of current economic conditions, employment levels, salaries and wages, inflation, consumer confidence, etc., especially in light of the pandemic and as pandemic-related restrictions ease. It will be difficult to predict both locally and globally. unexpected or rapid changes in the growth or decline of our domestic and/or international markets; increased competition from existing and new competitors; A rapidly evolving breakthrough that will fundamentally change the digital assets and cryptocurrency industry. Ongoing compliance with regulatory requirements. fluctuations in the price of cryptocurrencies such as Bitcoin and other digital assets; The development and release of new products and enhancements to existing products may not proceed as planned or may contain bugs or errors that need to be corrected, and these new and enhanced products may the possibility that sales markets will not develop as expected; risks associated with future profitability or our ability to maintain or increase revenue growth (or minimize declines) while controlling expenses; Compromise of user data for any reason. foreign business risks, political risks and other risks associated with our operations; If unexpected delays occur during the audit process. loss of key personnel, labor shortages or work stoppages;
Further information regarding the factors, risks and uncertainties that could cause or contribute to such differences is available from the Securities and Exchange Commission, including the “Risk Factors” section of the Company’s offering statement on Form 10-12G. as set out in our filings with. The Company cannot guarantee that forward-looking statements will be accurate. These forward-looking statements speak only as of the date hereof. We undertake no obligation to update these forward-looking statements.
