exodus

According to CoinDesk, cryptocurrency wallet company Exodus Movement (EXOD) announced that it will cut about 25% of its global workforce to reduce operating costs and shift its business towards stablecoin payments and card payment infrastructure.Exodus stated in regulatory filings that this restructuring is part of the company's strategy to build a full-stack payment platform. The company has been continuously integrating the acquired electronic money institution Monavate and cryptocurrency payment company Baanx to expand its payment capabilities and global business layout.Exodus expects that this round of layoffs will result in pre-tax restructuring costs of $2.5 million to $3.5 million, mainly for employee severance and related costs. Affected employees will receive severance compensation, benefits continuation, and transitional support.The company anticipates that after the restructuring is completed, it can reduce cash operating expenses by $10 million to $13 million annually, with related savings fully realized by 2027.In the market, EXOD rose about 2.2% in pre-market trading on Monday, but its cumulative decline over the past year is still close to 85%. This adjustment reflects that cryptocurrency companies are accelerating their transformation towards stablecoin payments, financial infrastructure, and other business directions.

According to Globenewswire, the cryptocurrency financial platform Exodus Movement released its June funding reserves and business operation data. As of June 30, the company's digital asset reserves included: 600 bitcoins, 457 ethers, and 17,749 SOL.Data shows that Exodus processed a trading volume of $399 million through its trading service providers in June, up from $383 million in May, of which approximately $93 million (23%) came from its XO Swap, with monthly active users (MAU) remaining at 1.5 million, the same as the end of May.

The cryptocurrency wallet service provider Exodus, listed on the US stock market, announced its operational data for May, revealing that it increased its holdings by 27 bitcoins last month, bringing its total bitcoin holdings to 656; it also increased its holdings by 1,439 SOL, with the current SOL holdings reaching 20,673, but reduced its holdings by 439 ETH, decreasing its Ethereum holdings to 1,433. In addition, Exodus processed $383 million in cryptocurrency transactions in May, up from $347 million in April, with monthly active users reaching 1.5 million, unchanged from the end of April.

According to Globenewswire, the publicly listed cryptocurrency wallet service provider Exodus announced its operational data for May, revealing that it increased its holdings by 27 Bitcoin last month, bringing its total Bitcoin holdings to 656; it also increased its holdings by 1,439 SOL, with current SOL holdings reaching 20,673, but reduced its holdings by 439 ETH, decreasing its Ethereum holdings to 1,433. In addition, Exodus processed $383 million in cryptocurrency transactions in May, up from $347 million in April.

According to Globenewswire, cryptocurrency wallet provider Exodus Movement released its operational data report for April. After selling over a thousand Bitcoin reserves in the first quarter to fund the acquisition of a payment business, the company resumed increasing its holdings of BTC, ETH, and SOL in April, with positions growing compared to the end of March. It currently holds 629 BTC, 1,872 ETH, and 19,234 SOL.In addition, Exodus's transaction processing volume in April reached $347 million, with monthly active users remaining at 1.5 million, essentially unchanged from March.

According to CoinDesk, wallet service provider Exodus Movement (EXOD) sold approximately $73.2 million in crypto assets in the first quarter, during which its Bitcoin holdings decreased by 1,076 coins, a decline of about 63%, leaving only 628 BTC. The fair value of its assets dropped from $149.2 million to $42.8 million.During the same period, it added 5,068 SOL, increasing its total holdings to 17,541 SOL. The company stated that the related cash-out was mainly used for the acquisition of the W3C payment business and to pay off maturing consideration, and it has converted over $70 million into dollar reserves, raising its cash, cash equivalents, and stablecoin balance from $5.2 million to $74.4 million. Affected by the impairment and disposal of crypto assets, Exodus's revenue in the first quarter fell by 36.8% year-on-year to $22.7 million, and net losses widened to $32.1 million.

According to The Block, the non-custodial crypto wallet Exodus (NYSE: EXOD) announced its Q1 2026 performance, with revenue of $22.7 million, a year-on-year decrease of 37%, primarily due to a 40.8% decline in exchange aggregation revenue; the net loss for the quarter widened to $32.1 million, compared to $12.9 million in the same period last year; the transaction volume was $1.18 billion, a quarter-on-quarter decrease of 26%.In addition, Exodus completed the acquisition of Monavate and Baanx on May 1. In after-hours trading on Monday, Exodus's stock price fell by 4.9%. The stock has risen 20.5% in the past month but is still down 47.9% year-to-date.

According to Globenewswire, cryptocurrency wallet service provider Exodus announced the launch of the stablecoin XO Cash, built on Solana, aimed at AI Agents and the Agentic Economy, and simultaneously released the AgentKit development toolkit.XO Cash reportedly allows developers to create independent wallets for AI Agents through a single API call, enabling Agents to make payments directly using their Exodus Pay balance without the need to hold or manage it.

JP Richardson, CEO of Exodus, stated that this year institutions are accelerating their entry into the cryptocurrency market, while retail participation has declined, indicating that the market may be entering a new phase dominated by institutions.He pointed out that the current market capitalization of stablecoins has reached an all-time high, and traditional financial institutions are continuing to make moves, including launching Bitcoin ETFs and establishing crypto-related business departments. Michaël van de Poppe, founder of MN Fund, also mentioned that under inflation and cost-of-living pressures, retail funding is constrained, and this cycle may exhibit characteristics of being institution-led and lasting longer. Additionally, CryptoQuant data shows that the inflow of funds into small accounts holding less than 1 BTC on Binance has dropped to a nearly nine-year low, indicating a decline in retail participation.

According to Globenewswire, since the self-custody cryptocurrency company Exodus Movement released its digital asset holdings update data as of the end of March, the company's Bitcoin holdings increased to 628 coins (a net increase of 18 BTC for the month), Ethereum holdings increased to 1,857 coins (a net increase of 17 ETH for the month), and Solana holdings increased to 17,541 coins (a net increase of 1,847 coins for the month).

Exodus Movement, a publicly listed cryptocurrency wallet company in the United States (stock code: EXOD), released its financial report, showing a total revenue of $121.6 million for the full year of 2025, a record high, with a year-on-year growth of 5%; the total swap trading volume increased by 21%, reaching $6.89 billion.In the fourth quarter, the company's revenue was $29.5 million, a decrease of 3% quarter-on-quarter and a decrease of 34% year-on-year; the processed trading volume was $1.59 billion, a year-on-year decrease of 32%.As of December 31, 2025, Exodus held digital assets and liquid assets valued at $161.6 million. As of February 28, 2026, the company held over 610 bitcoins and over 1,840 ethers.

According to Globenewswire, Exodus Movement released its digital asset holdings as of January 31, 2026:Bitcoin holdings decreased to 1,694 BTC, down by 10 BTC from 1,704 BTC at the end of last December;Ethereum holdings decreased to 1,887 ETH, down by 11 ETH from 1,898 ETH at the end of last December;SOL holdings increased to 13,807 SOL, up by 1,334 SOL from 12,473 SOL at the end of last December.

The self-custody cryptocurrency company Exodus Movement, listed on NYSE American under the New York Stock Exchange, has released an update on its digital asset holdings. As of December 31, it holds 1,704 BTC, a decrease of 198 BTC from the previous month; 1,898 ETH, a decrease of 904 ETH from the previous month; and 12,473 SOL, a decrease of 12,473 SOL from the previous month. In addition, the company disclosed that its trading service processing volume has also significantly dropped, with December at $360 million, compared to $549 million in November.

According to Coindesk, cryptocurrency wallet provider Exodus is officially entering the stablecoin market by launching a fully dollar-backed, fully reserved stablecoin in partnership with fintech company MoonPay. MoonPay will be responsible for issuing and managing the stablecoin with the support of stablecoin infrastructure provider M0. The token is expected to go live in January 2026, with specific network and product details to be announced later.It is reported that the Exodus stablecoin is the core of its upcoming product "Exodus Pay," which aims to enable everyday cryptocurrency payments without sacrificing user self-custody.

According to monitoring by BitcoinTreasuries.NET, the cryptocurrency wallet company Exodus Movement (EXOD), listed on the US stock market, has sold 245 bitcoins and currently holds a total of 1,902 bitcoins.

According to CoinDesk, cryptocurrency wallet company Exodus Movement will acquire the parent company of cryptocurrency card and payment companies Baanx and Monavate, W3C Corp, for $175 million. This transaction is composed of the company's own cash and financing provided by Galaxy Digital, with the financing secured by the Bitcoin held by Exodus.Baanx and Monavate have been collaborating with institutions such as Visa, Mastercard, and MetaMask to develop cryptocurrency cards and user-custodied Web3 payment services. This transaction will make Exodus one of the few self-custody wallet providers capable of controlling the entire payment experience from wallet to card.