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TMCNet:  Exodus Digital Security Begins Trading on tZERO ATS Platform as EXOD

[September 14, 2021]

Exodus Digital Security Begins Trading on tZERO ATS Platform as EXOD

OMAHA, Neb., Sept. 14, 2021 /PRNewswire/ -- Exodus Movement, Inc. (Exodus Wallet: EXOD), the leading non-custodial cryptocurrency software platform, today announced that its Class A common stock has begun trading on tZERO ATS, the regulated alternative trading system and FINRA member broker-dealer subsidiary of tZERO, a leader in blockchain innovation and liquidity for digital assets. The shares represent approximately $75 million of equity in Exodus.

"The traditional fundraising and company stock ownership models are fundamentally broken and favor the privileged few over the public," said Exodus Co-founder and CEO JP Richardson. "In order to help half the world exit the traditional finance system by 2030, we must lead by example and create a more democratized future of equity ownership. This is why Exodus is making our digital security available to trade on tZERO ATS. We're redefining what it means to be a public company."

Exodus is a user-friendly, non-custodial wallet that allows customers to send, receive and manage a portfolio of numerous cryptocurrencies. In Q2 of 2021, Exodus delivered a record quarter delivering 17% growth vs previous quarter and 651% YOY.

Public trading of Exodus shares is available to investors from all 50 US states and international investors from 40+ countries. Investors seeking to purchase Exodus Class A common stock can visit https://www.tzero.com/investors/register to set up a tZERO Markets brokerage account and trade Exodus (EXOD) stock now.

"We are excited to support and facilitate the trading of Exodus' digital security on tZERO ATS," said tZERO Interim CEO and Chief Legal Officer Alan Konevsky. "We look forward to welcoming investors in Exodus to our platform and have them participate in the future of public markets."

Important Risk Information

Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in a single security could mean lack of diversification and, consequently, higher risk. Potential investors are urged to consult a professional adviser regarding any economic, tax, legal or other consequences of trading any securities as described herein.

References to Exodus' non-custodial, multi-asset software wallet are solely high-level descriptions of Exodus' business. Holdings of cryptocurrencies and other digital assets are speculative and involve a substantial degree of risk, including the risk of complete loss. There can be no assurance that any cryptocurrencies or other digital assets will be viable, liquid, or solvent. This communication is not intended to imply that any digital asset services are low-risk or risk-free. For more information about Exodus' business, including risk disclosures related to its non-custodial, multi-asset software wallet business, please refer to Exodus' Offering Circular that was filed with the SEC and its SEC filings available at: https://www.sec.gov/edgar.shtml/a>.

No Offer, Solicitation, Investment Advice or Recommendations

This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

Forward-Looking Statements

This release contains forward-looking statements. In addition, from time to time, tZERO, its subsidiaries, or its representatives may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which is derived from currently available information. Such forward-looking statements relate to future events or future performance, including financial performance and projections; growth in revenue and earnings; and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including, without limitation: the ability of tZERO and its subsidiaries to change the direction; tZERO's ability to keep pace with new technology and changing market needs; and competition. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or their respective representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions. tZERO, its subsidiaries, and its representatives are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or its representatives might not occur.

About Exodus

Founded in 2015, Exodus is a multi-asset non-custodial cryptocurrency software platform that removes the geek requirement and keeps design a priority to make cryptocurrency and digital assets easy for everyone. Available for desktop and mobile, Exodus allows users to securely manage cryptocurrencies like Bitcoin, Ethereum, Ripple. Our beautiful, easy-to-use software platform gives users access, through API connections, to an industry-leading 10,000+ asset pairs. The non-custodial functionality is encrypted locally on users' own devices, ensuring privacy, security, and complete control over their wealth.

About tZERO

tZERO Group, Inc. (tZERO) and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO, through its broker-dealer subsidiaries, democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. For more information on tZERO, please visit https://www.tzero.com/.

tZERO is not a registered broker-dealer, funding portal, underwriter, investment bank, investment adviser or investment manager, and is not providing brokerage, investment banking or underwriting services, recommendations or investment advice to any person, and does not provide any brokerage services. tZERO takes no part in the negotiation or execution of secondary market transactions for the purchase or sale of securities and at no time has possession of investor funds or securities in connection with such transactions.

About tZERO ATS

tZERO ATS, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. More information about tZERO ATS may be found at https://brokercheck.finra.org/. Digital securities that trade on tZERO ATS are conventional uncertificated securities. Ownership of such securities is reflected on the traditional books and records of regulated market participants. The term "digital" refers to the blockchain technology elements of a security that are intended to enhance investor experience through added transparency.

About tZERO Markets

tZERO Markets, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC. More information about tZERO Markets may be found at https://brokercheck.finra.org/. Digital securities available on tZERO Markets' platform are conventional uncertificated securities. Ownership of such securities is reflected on the traditional books and records of regulated market participants. The term "digital" refers to the blockchain technology elements of a security that are intended to enhance investor experience through added transparency.

 

Cision View original content:https://www.prnewswire.com/news-releases/exodus-digital-security-begins-trading-on-tzero-ats-platform-as-exod-301376075.html

SOURCE Exodus


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