Overview
- Exodus announced Exodus Markets on Friday, June 12, with Ondo Finance supplying tokenization infrastructure and Solana used for on‑chain settlement.
- The product lets eligible users in select jurisdictions buy and sell more than 200 tokenized stocks, ETFs and real‑world assets directly inside the Exodus app.
- Exodus included tokenized EXOD, its own stock, in the rollout but warned these tokens do not equal ownership of the underlying securities and do not grant shareholder rights.
- The launch furthers Exodus’s shift from a pure self‑custody wallet into a broader financial app that combines trading, payments, rewards and asset management.
- The move arrives as the tokenized equities market has grown rapidly to roughly $5.5 billion this year and regulators in the U.S., South Korea and elsewhere are scrutinizing how tokenized shares should be treated, which could limit availability or require product changes.