Articles from Exodus

Full Year 2024 Revenue of $116 million

OMAHA, Neb., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus"), a leading self-custodial cryptocurrency platform, today announced that it will release its fourth quarter and full year 2024 financial results on Monday, March 3, 2025, after market close. An earnings conference webcast will be held at 4:30 PM ET on the same day.

Over 60 million Venmo users can now directly purchase crypto on Exodus via MoonPay

OMAHA, Neb., Feb. 17, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus"), a leading self-custodial cryptocurrency platform, today announced that its previously announced offer for the acquisition of all of the issued and outstanding common shares of Banxa Holdings Inc. (TSXV: BNXA) ("Banxa") has expired without reaching an agreement with Banxa.

Expanding Access to the Flare Ecosystem and Songbird

OMAHA, Neb., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus"), a leading self-custodial cryptocurrency platform, today announced that it has submitted a proposal (the “Exodus Offer”) for the acquisition of all of the issued and outstanding common shares of Banxa Holdings Inc. (TSXV: BNXA) ("Banxa"), a globally recognized financial technology platform specializing in digital asset on-and-off ramp solutions. Banxa today announced that its Board of Directors, after consultation with its financial and legal advisors, and after consideration of a recommendation from its Special Committee of the Board of Directors, has unanimously determined that the Exodus Offer constitutes a “Superior Proposal” under the terms of the arrangement agreement between Banxa and 1493819 B.C. Ltd. (“1493819”). Banxa also announced that it provided notice of such determination to 1493819 and that, under its arrangement agreement with 1493819, 1493819 now has the right, until 5:00 p.m. (Vancouver time) on February 10, 2025, to propose to amend the terms of the arrangement agreement in order to make the Exodus Offer no longer a Superior Proposal.

Milestone marks Exodus’ leadership in bringing self-custody crypto innovation to traditional markets

Faster, cheaper, and more flexible—Exodus’ latest wallet upgrade empowers users with seamless access to thousands of tokens and enhanced liquidity

OMAHA, Neb., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (OTCQX: EXOD) (“Exodus” or the “Company”), a leading self-custodial cryptocurrency software platform, today announced that the Company’s CFO, James Gernetzke, has participated in the SHARE Series (virtual event), which was released on Tuesday, December 17, 2024. This event is set in a fireside chat format.

OMAHA, Neb., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (OTCQX: EXOD) (“Exodus” or the “Company”), the leading self-custodial cryptocurrency software platform, today announced that its common stock has been approved for listing on the NYSE American stock exchange. The Company’s Class A common stock, par value $0.000001 (the “Common Stock”), will begin trading on the NYSE American under its current symbol, “EXOD,” at the open of trading on December 18, 2024. The Common Stock will continue to trade on the OTCQX until the close of market on December 17, 2024. Current stockholders of the Company do not need to take any action prior to the Company’s expected listing on the NYSE American.

OMAHA, Neb., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (OTCQX: EXOD) (“Exodus” or the “Company”), the leading self-custodial cryptocurrency software platform, today announced that its common stock has been approved for listing on the NYSE American stock exchange. The Company’s Class A common stock, par value $0.000001 (the “Common Stock”), will begin trading on the NYSE American under its current symbol, “EXOD,” at the open of trading on December 18, 2024. The Common Stock will continue to trade on the OTCQX until the close of market on December 18, 2024. Current stockholders of the Company do not need to take any action prior to the Company’s expected listing on the NYSE American.

OMAHA, Neb., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (OTCQX: EXOD) (“Exodus” or the “Company”), a leading self-custodial cryptocurrency software platform, today issued an update regarding its digital assets and cash holdings and exchange provider processed volume. The Company is issuing this press release in light of recent market events in the digital asset space, including Bitcoin crossing the $100,000 threshold for the first time in its history. These selected preliminary metrics have not been audited or reviewed by Deloitte & Touche LLP, the Company’s independent registered public accounting firm (“Deloitte”), do not reflect the Company’s quarter end or fiscal year end results, are subject to completion of the Company’s fiscal year end and the Company’s financial reporting processes, are based on information known by management as of the date of this press release, and do not represent a comprehensive statement of the Company’s financial results for the quarter or fiscal year ending December 31, 2024.

Revenue of $20.1 million, up 68% year-over-year in Q3

OMAHA, Neb., Nov. 09, 2024 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (OTCQX: EXOD), (the “Company” or “Exodus”) the leading self-custodial cryptocurrency software platform, will release financial results for the third quarter ended September 30, 2024 following the close of the U.S. markets on November 12, 2024. Exodus will host a webcast to discuss its results at 5:00 p.m. Eastern Time the same day.

Exodus integrates XO Swap into Ledger Live, offering users enhanced security and control for direct crypto swaps from their self-custody wallets

Empowering Gamers to Embrace the Future of Decentralized Web3 with Next-Level Security Features

Magic Square integrates Exodus’ Passkeys Wallet into ‘Magic Store’, offering users seamless crypto management and enhanced security

Rarible integrates Exodus’ Passkeys Wallet into the Rarible NFT marketplace, offering users seamless crypto management and enhanced security

Leading cross-chain NFT platform continues partnership with Exodus, offering users seamless NFT and crypto management to broaden web3 accessibility

Exodus’ latest strategic partnership further enhances global access to cryptocurrency

Revenue of $22.3 million, up 80% year-over-year in Q2

OMAHA, Neb., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (OTCQX: EXOD), (the “Company” or “Exodus”) the leading self-custodial cryptocurrency software platform, will release financial results for the second quarter ended June 30, 2024 following the close of the U.S. markets on August 12, 2024. Exodus will host a webcast to discuss its results at 5:00 p.m. Eastern Time the same day.

Passkeys Wallet Empowers Developers by Redefining Crypto Wallet Integration for Increased Liquidity and Unlocks New Revenue Streams for Web2 Business Sectors

OMAHA, Neb., May 08, 2024 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (OTCQX: EXOD) (the “Company” or “Exodus”) today announced that it was informed by the NYSE American that the exchange has delayed the Company’s listing until the Staff of the Securities and Exchange Commission completes its review of Exodus’ registration statement, which went effective on April 28, 2024. The NYSE American previously informed Exodus that its shares of Class A common stock, par value $0.000001 (the “Common Stock”), had been approved for listing with trading expected to commence on May 9, 2024.

Record revenue of $29.1 million, up 118% year-over-year in Q1Strong momentum in our Wallet-as-a-Service and fiat onboarding productsNYSE American uplisting scheduled for May 9th, 2024 under the ticker EXOD

OMAHA, Neb., May 06, 2024 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (OTCQX: EXOD), (the “Company” or “Exodus”) the leading self-custodial cryptocurrency software platform, will release financial results for the first quarter ended March 31, 2024 following the close of the U.S. markets on May 6, 2024. Exodus will host a webcast to discuss its results at 5:00 p.m. Eastern Time the same day.

OMAHA, Neb., May 06, 2024 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (OTCQX: EXOD) (“Exodus” or the “Company”), the leading self-custodial cryptocurrency software platform, today announced that its common stock has been approved for listing on the NYSE American stock exchange. The Company’s Class A common stock, par value $0.000001 (the “Common Stock”), will begin trading on the NYSE American under its current symbol, “EXOD,” at the open of trading on May 9, 2024. The Common Stock will continue to trade on the OTCQX until the close of market on May 8, 2024. Current stockholders of the Company do not need to take any action prior to the Company’s expected listing on the NYSE American.

Full Year Revenue of $56.2 million

OMAHA, Neb., Jan. 30, 2024 (GLOBE NEWSWIRE) --  Exodus Movement, Inc. (OTCQB:EXOD), (“Exodus”), the leading self-custodial cryptocurrency software platform, announces a preview of its 2023 full-year results, the addition of two new independent directors to its Board of Directors, and that its Class A shares have begun trading on OTC Markets’ OTCQB stock market. Keefe, Bruyette & Woods, A Stifel Company, acted as exclusive financial advisor.

OMAHA, Neb., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (tZERO Securities ATS and Securitize Markets ATS:EXOD), (“the Company”), the leading self-custodial cryptocurrency software platform, announces that trading of its Class A shares on the tZERO Securities ATS and the Securitize Markets ATS will cease after the close of trading on Monday, December 11, 2023. This is being done to allow shareholders time to arrange the transfer of their shares to a brokerage account for participation in Exodus’ planned OTC Markets OTCQB listing.

OMAHA, Neb., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (tZERO: EXOD), (“the Company” or “Exodus”) the leading self-custodial cryptocurrency software platform, has announced its fiscal 2023 results for the third quarter ended September 30, 2023. The Company reported third quarter revenue of $12.0 million.

Partnership simplifies the NFT landscape for mainstream users through intuitive mobile interfaces, fiat onramp/offramp solutions, and streamlined asset swaps

OMAHA, Neb., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (tZERO: EXOD), (“the Company” or “Exodus”) the leading self-custodial cryptocurrency software platform, has announced its fiscal 2023 results for the second quarter ended June 30, 2023. The Company reported second quarter revenue of $12.4 million and net income of $1.9 million.

OMAHA, Neb., June 22, 2023 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (tZERO and Securitize ATS:EXOD), (“the Company”) the leading self-custodial cryptocurrency software platform, and Sovryn, a pioneer in Bitcoin-native DeFi services, today announced the addition of the Sovryn Dollar (DLLR) asset to Exodus’ corporate treasury. This initial allocation represents approximately 25% of Exodus’ quarterly interest income. The Sovryn Dollar (DLLR) is a decentralized, dollar-pegged stablecoin, fully backed by Bitcoin.

OMAHA, Neb., June 08, 2023 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (tZERO: EXOD) (OTC: EXOD), (“the Company” or “Exodus”) the leading self-custodial cryptocurrency software platform, today announced its fiscal 2023 results for the first quarter ended March 31, 2023. The Company reported first quarter revenue of $13.3 million, a decrease of 13% year-over-year from Q1 2022.

Full Year Revenue of $50.6 million

OMAHA, Neb., March 31, 2023 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (tZERO: EXOD; Securitize Markets: EXOD), (“the Company” or “Exodus”) the leading self-custodial cryptocurrency software platform, expects to announce its fourth quarter and full year 2022 results before April 28, 2023.

Webcast Scheduled for Mar. 7 at 3:30PM Eastern

OMAHA, Neb., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (tZERO: EXOD), (“the Company” or “Exodus”) the leading self-custodial cryptocurrency software platform, today announced its fiscal 2022 results for the third quarter ended September 30, 2022. The Company reported third quarter revenue of $11.0 million, a decrease of 39% year-over-year.

OMAHA, Neb., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (tZERO and Securitize ATS:EXOD), (“the Company”) the leading self-custodial cryptocurrency software platform, today announced the addition of BNB Smart Chain (“BSC”) support in Exodus’s browser-based Web3 Wallet.

OMAHA, Neb., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (tZERO and Securitize ATS:EXOD), (“the Company”) the leading self-custodial cryptocurrency software platform, and Polygon Technology, a developer of Polygon, the Ethereum scaling blockchain protocol Polygon supporting Web3 technology for millions of users, today announced the addition of Polygon support in Exodus’s browser-based Web3 Wallet.

Live Webcast Scheduled for Nov. 9 at 3:30PM Eastern