Exodus Movement, Inc. Announces Acquisition of Grateful To Strengthen Stablecoin-Based Payments
Rhea-AI Summary
Exodus Movement (NYSE:EXOD) announced on November 10, 2025 that it agreed to acquire Uruguay-based payments orchestrator Grateful to strengthen stablecoin-based merchant services in Latin America.
Grateful offers a blockchain-native payments stack with merchant dashboard, wallet-to-wallet payments, offramping, QR point-of-sale, ecommerce checkout integrations, instant access to funds, lower fees and yield on balances. Exodus expects to integrate Grateful across its multichain wallet ecosystem and will discuss the acquisition during its Q3 2025 earnings webcast on November 10, 2025.
Positive
- Acquisition of Grateful announced on Nov 10, 2025
- Adds merchant payments stack: wallet-to-wallet, QR POS, offramping
- Targets Latin America merchant services expansion
- Integration planned across multichain wallets including Polygon, Optimism, Base, Arbitrum, Solana
Negative
- Purchase price and deal terms not disclosed
- No quantified financial impact or guidance change provided with announcement
News Market Reaction – EXOD
On the day this news was published, EXOD gained 1.11%, reflecting a mild positive market reaction. Argus tracked a peak move of +13.9% during that session. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $7M to the company's valuation, bringing the market cap to $681M at that time.
Data tracked by StockTitan Argus on the day of publication.
Acquisition of Uruguay-based payments orchestrator strengthens Exodus’ merchant services capabilities in Latin America
Grateful’s platform enables for lower fees, instant access to funds, yield on balances
OMAHA, Neb. and MONTEVIDEO, Uruguay, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus" or “the company”), a leading self-custodial cryptocurrency platform, today announced it has agreed to acquire Grateful, a stablecoin payments orchestrator for merchants enabling lower fees, instant access to funds and yields on balances.
Founded in Uruguay, Grateful empowers small businesses and independent workers to accept and manage digital payments seamlessly through stablecoins. Grateful provides a blockchain-native payments stack featuring the full suite of tools needed for merchants to access the digital payments economy, including a merchant dashboard, wallet-to-wallet payments, offramping, QR-based point-of-sale capabilities and ecommerce checkout integrations.
“Grateful is a natural complement for our efforts to expand access to digital payments and cryptocurrency in Latin America. The gig and creator economy is rapidly growing in emerging markets and stablecoin-based payment rails allow for important tools such as invoicing, recurring payments and on-chain settlements,” commented JP Richardson, Co-Founder and CEO of Exodus.
“By pairing Grateful’s platform with our innovative and industry-leading self-custodial wallets, users will benefit from full ownership of their hard-earned funds and access to faster, cheaper and borderless transactions. Consumers and merchants in emerging markets deserve equal access to the benefits of the ongoing digital payments revolution and Exodus is proud to maintain our role in serving their needs.” Mr. Richardson added.
Grateful’s technology is a seamless addition to Exodus’ current products, which are built to support multichain development on leading blockchains including Polygon, Optimism, Base, Arbitrum, and Solana. Exodus anticipates a smooth integration of Grateful into existing wallets and deployment of Grateful technologies across Exodus’ current technology stack.
Exodus will provide a business update and release its third quarter financial results on Monday, November 10, 2025. An earnings conference webcast will be held this morning at 8:30 AM ET during which company leadership will discuss the Grateful acquisition.
To access the webcast, please use this link. It will also be available on the Company’s website www.exodus.com. Supplementary materials will also be made available prior to the webcast on the “Investor Relations” portion of the Company website.
About Exodus
Exodus is a financial technology leader empowering individuals and businesses with secure, user-friendly crypto software solutions. Since 2015, Exodus has made digital assets accessible to everyone through its multi-asset crypto wallets prioritizing design and ease of use.
With self-custodial wallets, Exodus puts customers in full control of their funds, enabling them to swap, buy, and sell crypto. Its business solutions include Passkeys Wallet and XO Swap, industry-leading tools for embedded crypto wallets and swap aggregation.
Exodus is committed to driving the future of accessible and secure finance. Learn more at exodus.com or follow us on X at x.com/exodus.
Investor Contact
investors@exodus.com
Media Contacts
Ryan Dicovitsky/Diana Bost, Dukas Linden Public Relations
exodus@dlpr.com
Disclosure Information
Exodus may use its website and the following social media outlets as distribution channels of material nonpublic information about the Company. Financial and other important information regarding the Company is routinely accessible through and posted on the following websites exodus.com/investors and exodus.com/blog, and social media: X (@exodus and JP Richardson’s feed @jprichardson), Facebook, LinkedIn, and YouTube.
FAQ
What did Exodus (EXOD) announce about the Grateful acquisition on November 10, 2025?
How will the Grateful acquisition affect Exodus’ product offerings (EXOD)?
When will Exodus (EXOD) discuss the Grateful acquisition with investors?
Does the Exodus press release disclose the price or financial terms for Grateful (EXOD)?
Will Grateful technology be integrated across Exodus’ supported blockchains (EXOD)?
