Exodus Acquires W3C, Plans Major Expansion into Onchain Payments

Crypto wallet provider Exodus is making a significant move in the world of onchain payments by acquiring W3C Corp, the parent company of Monavate and Baanx. The $175 million deal will see Exodus gain full control over these payment companies, allowing them to integrate their existing services into a unified system for users. This expansion aims to position Exodus as one of the few self-custodial wallets capable of managing the entire payments stack.