Exodus Movement the Delaware corporation behind major crypto asset wallet software Exodus received Regulation A approval for the third-ever Regulation A token offering.
The offering is already live, with 2,200 participants already purchasing tokenized shares of the company through the dedicated wallet.
What Happened: According to an announcement shared with Benzinga, Exodus started offering to its customers a way to buy the tokenized shares through a “mini-IPO” under Reg A+ directly within the wallet software.
Regulation A+ allows the public to invest in private companies whose stocks are not traded on a public stock exchange.
This regulation is aimed to allow startups to raise small amounts of capital from a large pool of investors.
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