EXOD

Exodus Movement reported a Q1 net loss of $32.1 million, widening from the prior year, as revenue fell 36.8% year-over-year to $22.7 million. The company sold over 1,000 Bitcoin during the quarter. Monthly active users also declined, contributing to the revenue pressure.

Exodus, the crypto wallet company, has sold 1,000 bitcoin to fund an expansion into payments infrastructure. The move signals a strategic pivot toward building a broader payments ecosystem, funded by liquidating a significant portion of its BTC holdings. No specific acquisition or partnership target was named in the article.

Exodus, the crypto wallet company, has launched XO Cash, an AI agent-focused stablecoin built on the Solana blockchain. The token is paired with software tools enabling AI agents to conduct transactions using preset spending controls and stablecoin payments. This positions Exodus at the intersection of AI-agent infrastructure and decentralized payments.

Exodus Movement (EXOD) announced the acquisition of outstanding shares of Baanx US Corp. and certain other assets from W3C Corp. for a total consideration of $30 million — $5 million payable upfront and $25 million in deferred payments over four years. No additional financial terms or strategic rationale were disclosed in the announcement.

Exodus Movement has announced the acquisition of Monavate and Baanx.com, expanding its crypto wallet and financial services capabilities. Monavate is a UK-based e-money institution and Baanx.com is a crypto-linked card and banking infrastructure provider. The dual acquisition signals a strategic push by Exodus into regulated financial services and crypto payment infrastructure.

Exodus Movement (EXOD) has acquired the outstanding shares of Monavate Holdings Limited and Baanx.com Ltd. from UK-appointed Receivers after their parent company W3C Corp defaulted on a secured loan. The purchase price is $76,273,333.30, equal to the principal and interest outstanding on the W3C loan as of April 30, 2026. Both acquired entities were previously subsidiaries of W3C Corp.