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BlockBeats News, October 20, according to official sources, self-custody cryptocurrency platform Exodus Movement, Inc. (NASDAQ: EXOD) announced today that shareholders can now choose to hold their Exodus Class A common stock in the form of common stock tokens on the Solana blockchain, with technical support from the joint transfer agent Superstate. These digital representations are not the actual shares themselves, but rather a digital reflection of shareholders' existing equity holdings as recorded in the transfer agent's books. Exodus's entry onto Solana is made possible by Superstate's issuance platform "Opening Bell," which allows companies to directly manage tokenized shares on blockchains such as Solana. As the first publicly listed company to offer common stock tokens, Exodus's common stock tokens now exist on both the Solana and Algorand blockchains, demonstrating Exodus's strong commitment to cross-chain functionality, including its own products.

BlockBeats News, October 20, according to Coinglass data, the current funding rates on major CEX and DEX platforms show that after today's rebound, the funding rates for multiple asset trading pairs have returned to neutral, but the overall sentiment remains bearish. The specific funding rates are shown in the chart below. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, usually applied to perpetual contracts. It is a mechanism for capital exchange between long and short traders. The trading platform does not charge this fee; it is used to adjust the cost or profit of holding contracts for traders, so that the contract price remains close to the price of the underlying asset. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates that the market is generally bullish. When the funding rate is less than 0.005%, it indicates that the market is generally bearish.