A post-election check-in on a crypto firm still trying to go public
Post-election discussions highlight the impact of regulatory shifts on the cryptocurrency sector, focusing on Exodus, a software wallet company. The firm, which attempted to go public this year, encountered unexpected delays from the SEC, frustrating its CEO, JP Richardson. He expressed confusion over the SEC's actions, especially given Exodus's transparency during the review process. With Trump's election, Exodus looks forward to potential regulatory changes, as legal chief Veronica McGregor emphasizes the need for a less partisan approach to crypto. While changes in policy and leadership may take time, McGregor is optimistic about faster shifts in regulatory attitudes. Exodus is currently addressing the SEC's latest comments and awaiting further instructions. Overall, the firm remains hopeful for a supportive regulatory framework to promote innovation and business within the crypto space.
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