How to buy Exodus shares

Please note: Trading on tZERO is now live. EXIT tokens trade on tZERO under the ticker EXOD.

Read the Exodus Disclosures

In this Article:

Exodus shares

Exodus closed its groundbreaking Reg A+ public offering on May 5, 2021. We issued 2,733,229 shares of Class A common stock and raised $75 million in gross proceeds (the maximum amount qualified in our offering circular). The significant demand from both retail and institutional investors alike afforded us the chance to welcome over 6,800 new Exodus shareholders to join us in our mission.

We selected the Algorand blockchain to issue the EXIT tokens; its high-performance speeds and low gas fees aligned with our goal to redefine the future of finance. The EXIT tokens act as a digital representation of the Exodus shares. Securitize, our transfer agent, sent EXIT tokens to each of our bonafide stockholders’ Exodus wallets in August 2021.

Now is your chance to be at the front of the line and purchase Exodus shares. Register with Securitize and tZERO to get started.

Can I trade Exodus shares from anywhere in the world?

Our goal is to offer Exodus shares to as many jurisdictions as possible over time. At the moment, trading Exodus shares will be available for tax residents of the following jurisdictions and territories:

Argentina, Australia, Austria, Belgium, British Virgin Islands, Bulgaria, China, Denmark, Finland, France, Germany, Hong Kong, Ireland, Isle of Man, Israel, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Peru, Philippines, Singapore, South Africa, South Korea, Spain, St Lucia, Sweden, Switzerland, Thailand, UAE, United Kingdom, United States, Uruguay.

We will keep this list up-to-date, so please check back here if you are interested and your jurisdiction is not mentioned.

If your country is not on this list, you may want to take a look at the list of unsupported countries for trading EXOD shares on Securitize Markets. If your country is not on this list either, then trading EXOD shares on Securitize Markets should be available for you.

Thanks again for joining us on our mission!

How to register with Securitize

The first thing you will need is a Securitize ID. If you already have one linked to your Exodus wallet, you can skip to the next section and begin your tZERO registration. If you don't, you can register for a Securitize ID on the Investor Profile page of our Shares app.

Here's how...

First, in the Exodus wallet click on the Shares app:

Next, click Create Your Profile.

Then a new page will invite you to register as an investor by linking your Securitize ID to Exodus by clicking Link under the heading “Step 1: Securitize ID.”

A screen confirms that the Exodus public offering is closed, but you are invited to click Continue to Securitize to get your Securitize ID, a required step for you to acquire Exodus shares, even on a secondary market.

If you click Continue to Securitize, you will be taken to the Securitize website for registration. Follow the instructions there to complete the process.

If you already have a Securitize ID, and your “Step 2: Verification Status” indicates that you are “Verified,” then you can request an account with tZERO. This is the necessary next step to acquire Exodus shares. Once your account is active on tZERO, you will be able to log in and acquire or trade Exodus shares.

If you already have a Securitize ID, you can skip to the next section.

How to sign up with tZERO so you can start trading Exodus shares

If you don’t have EXIT tokens and have not yet created a tZERO account, when you navigate to the EXIT wallet you will see this screen:

If you click Register to Trade, you will be taken through a short process of applying for a tZERO account through your Exodus wallet.

You will see a button marked Start My Account. Once you have an active account on tZERO, you can send, receive, buy more, or sell what you already have on the tZERO market. Please note that it may take a few business days for your account to be created and verified.

Click Start My Account. We have worked hard to streamline the onboarding process with tZERO. The setup is automatic and only shares your data privately with tZERO.

We will streamline your application for a tZERO account. On the screen with the headline “Your Trading Account” click Start My Account.

This will link with tZERO. This screen will appear:

A celebratory screen will appear announcing that we have successfully shared your information with tZERO and the process for you to open an account with them has begun!

You will then see this screen:

Within three business days, you will receive an email from tZERO with instructions on completing your account setup. Follow the link in that email to tZERO’s website.

Completing the setup on tZERO’s website

Follow the instructions provided in the email by tZERO.

First, you’ll be asked to Create a Password. Clicking this will take you to tZERO’s website. You will find that we have streamlined the account creation process by securely sharing information from your Securitize ID with tZERO. So when you begin your tZERO account creation process, most of your information will automatically have been entered for you.

Once you’ve created a password, you’ll be asked to sign in with the email address at which you received the initial email from tZERO and your new password.

The first time you do this, you’ll be asked to add 2FA, or “Two Factor Authentication.” This is an important, obligatory extra step to keep your account secure. Each time you log in to tZERO, you’ll use your email address and password, but then you will also be asked to authenticate either by receiving a verification code as an SMS on your phone, or by using the Google Authenticator app.

You can choose whichever option you prefer, but from a security standpoint, Google Authenticator is recommended.

Next, you must review your joint application (joint in the sense that we at Exodus have securely shared the information you provided to get your Securitize ID in order to streamline your tZERO application process). You will find that we have already provided most of the application information, though there may be a few fields that you need to fill in yourself. Please also double-check the information we provided, to ensure its accuracy.

Click Save and Continue.

Within two business days, you should receive an email from tZERO confirming that your application has been approved and you can begin trading!

Until your application is approved, if you click View Portfolio, you’ll see a screen like this:

If you have any further questions, we’re happy to help. Please write to [email protected]

What does it mean if I get a message that "EXIT can only be sent to an address that belongs to a Securitize investor"?

You will receive this message if you try to send Exodus shares to an address that is not whitelisted in the Securitize database. In order to send Exodus shares, the destination address must belong to a Securitize user that has associated (whitelisted) their address in Securitize.

Part of the requirements when selling shares through a Reg A+ offering like we did, is to use a registered transfer agent that keeps track of the Company’s shareholder records and ensures we can send our required disclosures to the right people, at the right place. The only way to effectively keep these records is to require all trading to take place on Securitize’s database.

What does it mean if I get a message that “Trading is not yet available” for me?

Some jurisdictions, due to regulatory restrictions, are not able to trade immediately. If that is the case, then you’ll see a screen like this:

There are a number of reasons why trading or creating a tZERO account might not yet be available to you. The simplest may be related to your location (country or jurisdiction). It may also have to do with whether you are an entity as opposed to an individual, or what type of entity your account represents (e.g. LLC), or whether you participated in the Reg A+ offering or not. The inability to trade is automatically indicated to us by Securitize. If you get this message and think it is in error, please contact us at [email protected]. We will continue to update information as it becomes readily available.

Trading on tZERO is currently supported in the following jurisdictions given here: Can I trade Exodus shares from anywhere in the world?

Trading on tZERO is currently supported for the following entity types, in addition to individuals:

  • LLCs

If you have any further questions, we’re happy to help. Please write to [email protected].

Forward-looking Statements
This communication contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “intend,” “believe,” or other comparable terminology. Forward-looking statements in this document include, but are not limited to, statements about our future financial performance, our business plan, our market opportunities and beliefs and objectives for future operations. These statements involve risks, uncertainties, assumptions and other factors that may cause actual results or performance to be materially different. More information on the factors, risks and uncertainties that could cause or contribute to such differences is included in our filings with the Securities and Exchange Commission, including in the “Risk Factors” and “Management’s Discussion & Analysis” sections of such filings. We cannot assure you that the forward-looking statements will prove to be accurate. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.

Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.