Exodus Acquires Payment Powerhouse in $175M Deal to Revolutionize Crypto Payments

Exodus Movement, Inc., the self-custodial crypto wallet provider, has announced a major strategic acquisition, acquiring W3C Corp. This will see Exodus transition from a simple wallet platform into a full-stack player in the world of crypto payments, with a total value of $175 million. The deal is expected to close by 2026 pending regulatory approvals. Monavate Holdings Ltd., and Baanx(dot)com Ltd., will join Exodus’s portfolio, bringing issuing, processing, and regulatory capabilities under the company’s umbrella.