Exodus Movement acquires Monavate and Baanx shares to integrate payments in-house.

Exodus Movement, a self-custodial crypto platform, acquired outstanding shares of Monavate Holdings Limited and Baanx.com Ltd. for $76.27 million. These companies provide card and payment infrastructure, which Exodus will integrate to reduce reliance on third parties and expand its payment services, including issuing cards via Visa, Mastercard, and Discover. This move supports broader asset coverage and geographic reach across the US, UK, and EU, positioning Exodus for new products and partnerships.