Exodus Movement Inc. launched a tokenized trading platform on June 12 in partnership with Ondo Finance, allowing customers to buy and sell more than 200 tokenized stocks, ETFs and real-world assets directly on Solana. 

The new service, called Exodus Markets, is available to eligible customers in select markets through the Exodus self-custodial wallet app, the company said in a statement on Friday. 

According to the statement, the rollout marks Exodus' expansion from a pure self-custodial wallet into a broader financial platform that lets customers trade, spend, send, earn rewards, and manage money in one app.

“For the first time, our customers can trade and hold tokenized equities with the same direct control and global access they expect from crypto,” Exodus CEO JP Richardson said. “Exodus is becoming the front door to every asset you hold, without compromising on trust and control.”

Founded in 2015 and listed on the NYSE American under the ticker EXOD, Exodus was among the first publicly traded companies to tokenize its stock in 2021. Customers in supported regions can now buy and sell tokenized EXOD alongside other assets within the wallet app, the company said. 

The development comes as demand for tokenized equities accelerates. According to The Block's data, the tokenized equities market reached $5.5 billion in market capitalization as of June 8, a roughly 147% increase from $2.23 billion at the start of the year. The category ranks as the fourth-largest real-world asset class.

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