Exodus Movement Stock Price, News & Analysis

Exodus Movement (NYSE American: EXOD), a self-custodial cryptocurrency platform, has scheduled its first quarter 2025 financial results announcement for Monday, May 12, 2025, after market close. The company will host an earnings conference webcast at 4:30 PM ET on the same day.

Investors can access the webcast through a provided link or the company's website at www.exodus.com. Supplementary materials will be available before the webcast in the Investor Relations section of the website.

Exodus Movement (NYSE: EXOD) reported strong financial results for Q4 and full year 2024, with annual revenue reaching $116.3 million, marking a 107% increase from 2023. The company's Q4 performance showed significant growth, with exchange provider processed volume hitting $2.33 billion, up 172% year-over-year.

Key highlights include a surge in monthly active users to 2.3 million by Q4 2024, representing a 64% increase from Q4 2023. The company's digital assets and cash position stood at $264.7 million, including $190.1 million in bitcoin and ether, and $68.4 million in cash equivalents. XO Swap contributed 12% of Q4 revenue, while the company maintained strong customer service with response times under 60 minutes.

Preliminary Q1 2025 data shows continued momentum, with exchange processed volume reaching $1.45 billion in just two months (January-February 2025), already exceeding the previous record of $1.35 billion set in Q1 2024.

Exodus Movement (NYSE American: EXOD), a leading self-custodial cryptocurrency platform, has scheduled the release of its fourth quarter and full year 2024 financial results on Monday, March 3, 2025, after market close.

The company will host an earnings conference webcast at 4:30 PM ET on the same day. Investors can access the webcast through a provided link or via the company's website at www.exodus.com.

Additionally, supplementary materials will be made available prior to the webcast in the "Investor Relations" section of the Exodus website. This announcement comes as investors await insights into the company's financial performance for the final quarter and complete fiscal year of 2024.

Exodus has announced the integration of Venmo as a payment method through its partnership with MoonPay, enabling over 60 million Venmo users to purchase cryptocurrency directly through the Exodus Mobile wallet app. The integration is now available for U.S. users, allowing them to buy Bitcoin and other cryptocurrencies by selecting Venmo as their preferred payment method via MoonPay's secure checkout interface.

This addition complements Exodus's existing payment options, including debit and credit cards, PayPal, Apple Pay, Google Pay, and bank transfers. The integration aims to make digital asset ownership more accessible and practical for everyday users by leveraging Venmo's widely trusted payment platform.

Exodus Movement (NYSE American: EXOD), a self-custodial cryptocurrency platform, announced that its previously disclosed offer to acquire all outstanding common shares of Banxa Holdings (TSXV: BNXA) has expired without reaching an agreement. The company stated it will maintain a disciplined approach to acquisitions while continuing to be responsible stewards of capital.

XO Swap by Exodus has been integrated into Bifrost Wallet, enabling seamless cross-chain token swaps within the Flare ecosystem. The integration allows Bifrost users to swap various assets including FLR (Flare) and SGB (Songbird) directly within their wallet, eliminating the need for centralized exchanges.

The collaboration enhances liquidity and accessibility for users, offering trading capabilities for key assets like BTC, ETH, and USDC. Bifrost, as one of the first wallets to support Flare and Songbird, now provides users with access to XO Swap's liquidity aggregation features and competitive rates across multiple networks.

The integration introduces several key swap pairs, including FLR⇄SGB, FLR⇄XRP, FLR⇄USDC, SGB⇄BTC, SGB⇄XRP, SGB⇄DOGE, BTC⇄FLR, and ETH⇄SGB.

Exodus Movement (NYSE: EXOD) has submitted a proposal to acquire all outstanding shares of Banxa Holdings, a financial technology platform specializing in digital asset on-and-off ramp solutions. The offer consists of CDN$1.10 in cash and 0.0079 Exodus shares per Banxa share, valuing the total consideration at approximately CDN$1.79 per Banxa share.

Banxa's Board of Directors has unanimously determined that Exodus's offer constitutes a 'Superior Proposal' compared to its existing arrangement with 1493819 B.C. The latter now has until February 10, 2025, to propose amendments to match or exceed Exodus's offer. Based on Exodus's February 3, 2025 closing price of US$59.59, the share consideration portion is valued at US$0.47 or CDN$0.69 per Banxa share.

Exodus Movement (NYSE: EXOD), a self-custodial cryptocurrency platform, will ring the New York Stock Exchange Opening Bell on January 8, 2025. This event marks a significant milestone in bridging traditional markets with cryptocurrency innovation.

Led by CEO JP Richardson and the leadership team, the ceremony highlights Exodus' achievements in bringing crypto companies into mainstream finance. The company operates on a debt-free model and maintains substantial cryptocurrency reserves, including over 1,900 BTC and 2,660 ETH.

The platform focuses on user-first solutions, providing access to thousands of digital assets while emphasizing security and transparency in the digital assets industry. This bell-ringing ceremony positions Exodus to expand its influence in global markets and drive further innovation in the crypto space.

Exodus Movement (NYSE: EXOD) has launched a new swap experience in its cryptocurrency wallet platform, introducing significant improvements in speed, cost, and flexibility for digital asset transactions. The upgrade features reduced fees starting at 0.5%, particularly beneficial for SOL-based transactions, and implements fixed rates to ensure price transparency.

The enhanced platform offers expanded liquidity on EVM-compatible chains and networks like BASE, while supporting thousands of tokens with custom asset addition capabilities. The new system accommodates various transaction sizes with adjusted minimums and maximums, utilizing advanced routing algorithms to source optimal prices from trusted liquidity providers.

This development follows Exodus' recent listing on the NYSE American exchange and a strong Q4 performance. The new swap experience is currently available in the Exodus mobile wallet.