- Exodus partners with Superstate to launch tokenized Class A stock on Solana via the “Opening Bell” platform under U.S. securities laws.
- Move expands its 2021 Algorand tokenized equity launch, with plans to bring offerings to Ethereum and other blockchains.
- SOL price hit $177, holding above key technical levels as trading volume spiked following the announcement.
Exodus just teamed up with Superstate to roll out its Class A common stock as blockchain tokens on Solana — making it one of the first U.S. public companies to take tokenized equity to this network. This isn’t their first rodeo either. Back in 2021, they launched a similar setup on Algorand, and the Solana move keeps the exact same legal framework intact.
Taking Equity On-Chain with a Multi-Chain Plan
The announcement, made Friday (Aug 8, 2025), confirms Exodus will tap into Superstate’s “Opening Bell” platform — a creation from Compound founder Robert Leshner — built to bridge traditional securities and blockchain under U.S. regulations. The system handles live token issuance and on-chain record keeping for corporate shares.
By adding Solana, Exodus is targeting crypto-native investors who want to hold stock directly in their self-custody wallets. According to an SEC filing, this is just step two in a bigger multi-chain expansion that will also include Ethereum and other top chains. Their existing Algorand-based EXOD tokens already mirror shares on the NYSE American exchange, and the Solana-based version will follow the same structure, giving investors a direct, intermediary-free way to hold equity.
SOL Price Moves with the News
On the market side, Solana (SOL) was trading at $177 at the time of the announcement — sitting above the 50-period EMA of $170.64 on the 4-hour chart. The RSI read 64.86, brushing up against overbought levels but still leaving room for more upside. Trading volume stayed steady, with noticeable spikes during upward pushes, suggesting traders are paying attention to the stock-token news.
