Welcome to our dedicated page for Exodus Movement news (Ticker: EXOD), a resource for investors and traders seeking the latest updates and insights on Exodus Movement stock.
Exodus Movement, Inc. (EXOD) is a self-custodial cryptocurrency and financial technology platform whose news flow centers on digital asset operations, payments initiatives, and corporate developments. Company press releases regularly highlight updates on selected digital asset holdings in its corporate treasury, monthly active user counts, and exchange provider processed volume, offering insight into platform usage and transaction activity.
Investors following EXOD news can expect recurring disclosures on Bitcoin, Ethereum, and Solana balances held in the company’s treasury, as well as commentary from management on how those assets and related financing arrangements support strategic objectives. Exodus has reported using a Bitcoin-secured credit facility with Galaxy Digital LLC to fund potential strategic transactions and later to support the announced acquisition of W3C Corp., and has subsequently announced repayment of that indebtedness.
News about Exodus also covers its evolution as a crypto payments company. The company has announced agreements to acquire Grateful, a stablecoin payments orchestrator for merchants, and W3C Corp., the parent of Monavate and Baanx, which provide card and payments infrastructure and non-custodial card services. These items appear alongside updates on XO Swap, Exodus Pay, and a planned fully reserved, USD-backed stablecoin developed with MoonPay and M0 to power digital dollar experiences in the Exodus ecosystem.
Additional coverage includes quarterly financial results, operational metrics such as monthly active users and funded users, and corporate actions like the redomestication of Exodus from Delaware to Texas and initiatives to allow shareholders to digitally represent their Class A shares as tokens on the Solana blockchain. For readers tracking EXOD, this news stream provides an ongoing view into how Exodus manages its treasury, expands its payments and wallet products, and executes its strategy in the digital asset sector.
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.
Exodus Movement (OTCQX: EXOD), a self-custodial cryptocurrency software platform, announced CFO James Gernetzke's participation in the SHARE Series virtual event on December 17, 2024. The fireside chat format presentation will be available for approximately 90 days on both the SHARE Series platform and Exodus' Investor Relations website.
Exodus, established in 2015, specializes in multi-asset crypto wallets with a focus on design and user-friendliness. The company's product lineup includes Passkeys Wallet and XO Swap, which provide embedded crypto wallet solutions and swap aggregation capabilities.
Exodus Movement (OTCQX: EXOD) has received approval to list its common stock on the NYSE American exchange. Trading under the same symbol 'EXOD' will commence on December 18, 2024. The stock will continue trading on OTCQX until market close on December 17, 2024. Current stockholders are not required to take any action regarding the uplisting. The company expects this move to enhance its corporate profile and improve stock liquidity for shareholders.
Exodus Movement (OTCQX: EXOD) has received approval to list its common stock on the NYSE American exchange. Trading under the same symbol 'EXOD' will commence on December 18, 2024. The stock will continue trading on OTCQX until market close on the same date. Current stockholders are not required to take any action regarding the uplisting. CEO JP Richardson emphasized the importance of American companies trading on premier U.S. exchanges and expects the move to enhance the company's profile and improve stock liquidity for shareholders.
Exodus Movement (OTCQX: EXOD), a self-custodial cryptocurrency software platform, has reported significant growth in Q4 2024. The company's exchange provider processed volume reached $1.26 billion for October-November 2024, surpassing Q3's full-quarter volume of $0.96 billion. As of December 11, 2024, Exodus holds over 1,900 Bitcoin and 2,660 Ethereum, with their Bitcoin holdings increasing by over 100 units since Q3.
The company primarily receives revenue in Bitcoin and USDC. Notably, the SEC staff has completed their review of Exodus's Form 10-12 registration statement, marking progress toward potential NYSE American stock exchange listing.