On April 8, 2021, Exodus Movement, Inc., the developer of the Exodus Wallet, a leading non-custodial cryptocurrency software platform, commenced its offering pursuant to Regulation A under the Securities Act of 2,733,229 shares of Class A common stock, of which 1,914,661 shares are offered by Exodus and 818,568 shares are offered by certain of Exodus’ existing stockholders, at a price per share of $27.42, payable in Bitcoin, Ethereum or the USDC stablecoin. The offering is being conducted exclusively on the Exodus Wallet. Exodus intends that each share of Class A common stock will be represented by digital common stock tokens viewable through the Exodus Wallet within the next nine months. Wilson Sonsini Goodrich & Rosati is representing Exodus in the transaction.

Founded in 2015, Exodus is a multi-asset software wallet that makes cryptocurrency and digital assets easy for everyone. Available for both desktop and mobile, Exodus allows users to secure, manage, and exchange cryptocurrencies such as Bitcoin, Ethereum, Ripple, and more across an industry-leading 10,000-plus asset pairs from an easy-to-use wallet. The non-custodial functionality is encrypted locally on users’ own devices, ensuring privacy, security, and complete control over their wealth. Exodus is on a mission to empower half the world to exit the traditional finance system by 2030.

The Wilson Sonsini team representing Exodus includes:

Corporate
Rob Rosenblum
Amy Caiazza
Chris Fennell
James Babikian
Marianne Stark Bradley

Privacy and Cybersecurity
Matt Staples
Nikolaos Theodorakis

Technology Transactions
Scott McKinney

Employee Benefits and Compensation
Scott McCall

Tax
Greg Broome

Delaware Law
Ryan Greecher
Amy Simmerman
Adrian Broderick
Sara Pollock
Brian Currie

For more information, please see Exodus’s press release.