In this article, we'll review how to move your EXOD shares to Superstate to tokenize them on Solana.
We'll also cover how to move your shares back to your broker if you've already tokenized them on Solana with Superstate.
If you're looking for a guide on how to move EXOD on Algorand, visit: How do I deposit and withdraw EXOD tokens on Algorand from Securitize?
In this article:
What is tokenizing EXOD?
When you tokenize EXOD shares, you convert traditional book-entry shares into digital tokens on a blockchain. Each token represents the same ownership as your original shares, but in a format that can be viewed and managed onchain with your Exodus wallet.
You can tokenize your EXOD through Superstate, which creates EXOD tokens on the Solana network.
For answers to general questions about tokenizing your EXOD through Superstate, visit: Exodus common stock token expansion FAQs.
Securitize and Superstate are third-party platforms that are not affiliated with Exodus. As such, Exodus cannot guarantee the performance of its products/services or that the steps shown and the information provided will always be accurate.
How do I tokenize my shares on Solana through Superstate?
To tokenize your EXOD shares on Solana, you’ll first need to transfer them from our transfer agent, Securitize, to our co-transfer agent, Superstate.
Once your shares are with Superstate, you can convert your EXOD shares into tokens on the Solana network.
To tokenize your EXOD, follow the instructions below. If you already hold your EXOD on Securitize, skip to Step 2.
Step 1: Move EXOD to Securitize
The process for moving your EXOD to Securitize will depend on where your shares are currently held.
If you already hold your EXOD on Securitize, skip to Step 2: Move EXOD to Superstate.
Move EXOD on Algorand from Exodus to Securitize
If you hold your EXOD common stock tokens on Algorand in Exodus, you first need to send your EXOD Algorand tokens from Exodus to Securitize.
For step-by-step instructions, visit: How do I send my EXOD tokens from Exodus to Securitize?
Once you've sent your EXOD to Securitize, continue to Step 2.
When you send EXOD on Algorand to Securitize, the on-chain tokens are burned, and your shares are placed in book-entry form.
Move EXOD from a broker to Securitize
If you hold EXOD on a brokerage account, you will need to ask your broker to directly register (DRS) your shares with Securitize, using Securitize's co-agent, Pacific Stock Transfer.
It takes around 5 business days to send shares from a brokerage account to Securitize.
To learn more about sending EXOD to Securitize, visit: How do I send shares to Securitize from my brokerage account?
Once your EXOD is held in Securitize, continue to Step 2.
Step 2: Move EXOD to Superstate
Once you hold your EXOD in Securitize, you can follow the steps below to transfer them to Superstate:
If you don't already have an account, go to Superstate.com and create one.
The registration process takes about 10 minutes.
Next, fill out and sign the transfer document and email it back to [email protected] as an attachment. You can download the transfer document here.
You'll need your Securitize account number. To find this, visit: How do I find my Securitize account statement?
If you’re submitting on behalf of an entity, sign in your official capacity and include your title next to your signature.
If your transfer is received after 1 p.m. ET on a business day, it will be processed on the next business day.
Once you receive an email from Superstate confirming that your EXOD shares have been transferred, continue to Step 3.
Step 3: Tokenize your EXOD
Once you hold EXOD as book-entry shares in Superstate, follow the steps below to tokenize them on Solana.
Sign into your Superstate account.
In your Superstate account, add your Solana wallet address. a) Under Settings, b) click on Add under Allowlist.
Any Solana wallet can be used with Superstate. If you want to use your Exodus SOL address, you can find it following the steps in this article: How do I receive Bitcoin and crypto in Exodus?
a) Click on the dropdown menu and b) select Solana.
a) Enter the Solana address of your choice, b) give your address a name, and c) click Add address.
Next, a) navigate to your Portfolio tab and b) click on your EXOD balance.
Next to your Book-entry balance, click Tokenize
a) Enter the number of shares you want to tokenize or b) click Max to tokenize all. c) Select the address from your allowlist where you wish to receive them, and then d) click Tokenize.
Your tokenized EXOD tokens will be delivered to your SOL wallet within a few minutes, and you'll also see the tokenized balance in Superstate.
How do I transfer my shares on Solana from Superstate to a broker?
If you have EXOD tokens on Solana, you can convert them to book-entry shares on Superstate and transfer them to our transfer agent, Securitize. From there, you can transfer them to a broker of your choice.
Follow the instructions below:
Step 1: Convert tokenized EXOD into book-entry shares
Follow the steps below to convert your EXOD tokens on Solana to book-entry shares on Superstate.
Sign in to your Superstate account.
You can find the instructions for converting your tokens by clicking on Burn next to your tokenized balance of EXOD.
After following the instructions and converting your tokens, you will receive an equivalent number of book-entry shares in your Superstate account.
Once your EXOD are book-entry shares in Superstate, continue to Step 2.
Step 2: Move EXOD to Securitize
Once you hold EXOD as book-entry shares in Superstate, follow the steps below to move them to Securitize.
If your shares are still tokenized on Solana, you'll first need to convert them to book-entry shares: Step 1: Convert tokenized EXOD into book-entry shares.
If you don't already have a Securitize ID, you will first need to register with Securitize and complete verification.
Fill out and sign the transfer document and email it back to [email protected] as an attachment. You can download the transfer document here.
You'll need your Securitize account number. To find this, visit: How do I find my Securitize account statement?
If you do not know your Superstate account number, reach out to Superstate support.
If you’re submitting on behalf of an entity, sign in your official capacity and include your title next to your signature.
If your transfer is received after 1 p.m. ET on a business day, it will be processed on the next business day.
Once your EXOD is held in Securitize, continue to Step 3.
Step 3: Move EXOD to a brokerage
If you hold EXOD on Securitize, you will need to ask your broker to initiate a transfer to move the shares into your brokerage account. To see an example of how to do this, visit: Sending shares to a stockbroker (example).
Some brokerages require your Securitize account number and a copy of your account statement. For more on how to find this, visit: How do I find my Securitize account statement? The Securitize statement is generated automatically after receiving EXOD in Securitize. It can take up to two business days for the statement to appear. If it’s been longer, please contact Securitize at [email protected].
Transferring shares from Securitize to a brokerage typically takes around 5 business days.
Once your shares are registered and linked, you should be able to see them in your brokerage account.
Forward-looking statements in this article include, but are not limited to, management statements regarding plans to enter into a partnership with Superstate utilizing the Opening Bell platform and the creation of common stock tokens across various blockchains and the perceived benefits thereof. Such forward-looking statements involve a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from those expressed or implied by our forward-looking statements. Such factors include those set forth in “Item 1. Business” and “Item 1A. Risk Factors” of Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on March 6, 2025, as well as in our other reports filed with the SEC from time to time.