Exodus Movement has opened a tokenized-equities storefront inside its self-custody wallet, letting eligible users trade more than 200 tokenized stocks and ETFs on Solana. The product, Exodus Markets, runs on tokens issued by Ondo Finance and pushes a TradFi-style equity menu into an app where users hold their own keys.
Exodus, which trades on the NYSE American as EXOD, announced the launch Friday in partnership with Ondo. Customers in supported regions can buy and sell more than 200 tokenized stocks, ETFs and real-world assets directly through the wallet, according to the company. The tokens are minted and settled on Solana, and they sit alongside the crypto balances users already custody in the app.
Exodus framed the move as a shift from wallet to full financial platform. "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 and co-founder JP Richardson said in the announcement. The company was the first publicly traded firm to tokenize its own stock in 2021, and a tokenized EXOD now sits on the same menu as the equities it is distributing.
The equities come from Ondo Global Markets, the tokenized-securities arm Ondo has been building out across chains. The tokens are backed by the underlying securities held in traditional custody and settlement rails.
