Revenue Growth
Exodus posted $26 million in revenue for the quarter, marking a 16% year-over-year growth driven by increased use and adoption of their products.
Partnerships and Integrations
The company announced an integration agreement with Consensus to bring XO Swap's Bridge functionality into MetaMask, expanding their reach to millions of consumers worldwide.
Regulatory Improvements
The regulatory tone in the U.S. shows massive improvement, with the GENIUS Act signed into law, offering clearer definitions and a favorable environment for digital assets.
Stablecoin Adoption
Over $250 billion of stablecoins have been issued, with a forecast to rise to $1.5 trillion by 2030, highlighting significant growth and adoption facilitated by Exodus.
Balance Sheet Strength
The company holds $291 million in digital and liquid assets, maintains a debt-free position, and increased Bitcoin holdings to 2,058 Bitcoin.