Exodus Invests $175 Million to Drive Onchain Payments Expansion

Crypto wallet provider Exodus has made a major strategic move, acquiring payment infrastructure providers Monavate and Baanx for $175 million. This bold shift in strategy will allow Exodus to integrate its services into its consumer and enterprise products, aiming to become one of the few self-custodial wallets with full payment control – from crypto storage to card issuance. 💰