Exodus will partner with a superstate to tokens his own shares, which is first available on Solana.
Summary
- Exodus will issue the property of tokens to represent its own class A shares.
- Firm Superstate will take advantage of stock tokens of stock tokens, will take advantage of open bail
- The token stock will first launch on Solana, which plans to expand other networks
Tokenification Crypto markets have a growing trend, and Migration For example, leading. But Friday, August 8The Self-Custodial Crypto platform partnered with a superstate to token their shares.
In particular, exodus will release stock tokens that represent its class A shares. It will be interested in launching these tokens on Solna Network, placing them to expand several other major public blockchains.
“Exodus has always believed in the creation of a world where all SCom tokens, JP Richardson, CEO of Exodus.”
The migration plan is planned to expand to other major networks
The platform to issue stock tokens of Exodus Superstate will take advantage of the open bell. This will be enabled to launch your own tokens on many major networks, in addition to shares with its existing tokens on Elgo (ALGO). So far, the company has revealed the plan to release its tokens on the Ethereum (Eth) network among the Otthers.
“Exodus has always been in the pawn of tokenification, and the superstate is proud of the partner on this trip.
Token stocks often rely on the wrapped models that do not directly involve the original issue, which can expose holders to the opposition risk when the custodian default. In contrast, superstate is an SEC-related transfer agent who works directly with tokeers.
This enables the tokens to represents shares digitally and as a record of legal ownership on blockchain.