

Publicly Traded Exodus CEO Predicts Bitcoin to $800,000 This Cycle
11 snips Feb 14, 2025
JP Richardson, CEO of Exodus, shares his wild journey from a blocked IPO to dining with Donald Trump. He discusses how AI is merging with crypto wallets, potentially revolutionizing finance and online shopping. The conversation dives into the rise of IPOs and meme coins, and their impact on the traditional market. Richardson posits a bullish future for Bitcoin, predicting it could soar to $800,000, driven by institutional investment and favorable regulations.
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Dinner with Trump
- JP Richardson had dinner with Donald Trump in Trump Tower after donating to his campaign.
- The dinner was prompted by the SEC blocking Exodus' IPO, which JP suspected was politically motivated.
Exodus' Early Tokenized Stock
- Exodus, under JP Richardson's leadership, was the first US crypto company to let users buy stock with crypto.
- Their stock was tokenized on Algorand in 2021, ahead of the current trend.
IPO Cancellation
- Exodus' planned IPO on the New York Stock Exchange was abruptly canceled the day before the event.
- This caused significant distress for JP and the Exodus team, who had already made extensive preparations.