Latest news with #JPRichardson
Yahoo
5 days ago
- Business
- Yahoo
Exodus Movement (EXOD) Releases May 2025 Treasury Update
Exodus Movement, Inc. (NYSEAMERICAN:EXOD) is one of the 10 Best Small-Cap Growth Stocks to Buy According to Analysts. On June 10, Exodus Movement, Inc. (NYSEAMERICAN:EXOD) released its treasury and monthly metrics update for May 2025. The company reported 2.2 million Monthly Active Users (MAUs) as of May 31, 2025, with 675,000 Passkey Wallets. The MAUs grew significantly from 1.6 million at the end of Q1 2025. Passkeys Wallets represent a new, innovative wallet onboarding technology that allows users to create wallets quickly and securely without traditional passwords, enhancing user experience and scalability. JP Richardson, CEO Exodus Movement, Inc. (NYSEAMERICAN:EXOD) noted that the MAUs benefitted from promotions aimed at Passkeys Wallets. However, the company does not expect this growth to reoccur in June. In addition, the company processed a total of $486 million in exchange volume during May 2025. Around $69 million or 14% of this volume came from XO Swap partners, indicating strong collaboration and integration within the crypto ecosystem. Exodus Movement, Inc. (NYSEAMERICAN:EXOD) is a fintech company that provides secure and easy-to-use cryptocurrency software solutions for individuals and businesses. The company offers multi-asset, self-custodial wallets that give users full control over their digital assets. It also offers tools like Passkeys Wallet for seamless wallet onboarding and XO Swap for efficient crypto swap aggregation. While we acknowledge the potential of EXOD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Exodus Movement (EXOD) Releases May 2025 Treasury Update
Exodus Movement, Inc. (NYSEAMERICAN:EXOD) is one of the 10 Best Small-Cap Growth Stocks to Buy According to Analysts. On June 10, Exodus Movement, Inc. (NYSEAMERICAN:EXOD) released its treasury and monthly metrics update for May 2025. The company reported 2.2 million Monthly Active Users (MAUs) as of May 31, 2025, with 675,000 Passkey Wallets. The MAUs grew significantly from 1.6 million at the end of Q1 2025. Passkeys Wallets represent a new, innovative wallet onboarding technology that allows users to create wallets quickly and securely without traditional passwords, enhancing user experience and scalability. JP Richardson, CEO Exodus Movement, Inc. (NYSEAMERICAN:EXOD) noted that the MAUs benefitted from promotions aimed at Passkeys Wallets. However, the company does not expect this growth to reoccur in June. In addition, the company processed a total of $486 million in exchange volume during May 2025. Around $69 million or 14% of this volume came from XO Swap partners, indicating strong collaboration and integration within the crypto ecosystem. Exodus Movement, Inc. (NYSEAMERICAN:EXOD) is a fintech company that provides secure and easy-to-use cryptocurrency software solutions for individuals and businesses. The company offers multi-asset, self-custodial wallets that give users full control over their digital assets. It also offers tools like Passkeys Wallet for seamless wallet onboarding and XO Swap for efficient crypto swap aggregation. While we acknowledge the potential of EXOD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
10-06-2025
- Business
- Business Upturn
Exodus Movement, Inc. May 2025 Treasury Update and Monthly Metrics
By GlobeNewswire Published on June 10, 2025, 16:20 IST OMAHA, Neb., June 10, 2025 (GLOBE NEWSWIRE) — Exodus Movement, Inc. (NYSE American: EXOD) ('Exodus'), a leading self-custodial cryptocurrency platform, today announced an update to selected digital asset holdings of Exodus' corporate treasury, as well as updated user and exchange provider processed volume metrics, as of May 31, 2025: Selected Digital Asset Holdings (Unaudited)Bitcoin (BTC): 2,038 BTC as of May 31, 2025Ethereum (ETH): 2,721 ETH as of May 31, 2025 Solana (SOL): 29,109 SOL as of May 31, 2025 Users Monthly Active Users (MAUs): 2.2 million as of May 31, 2025, of which approximately 675,000 are Passkeys Wallets. Swap Volume Exchange provider processed volume was $486M for the month of May 2025, of which $69M (14%) originated from our XO Swap partners. Exodus CEO, JP Richardson, commented: 'Our monthly active users benefited from a brief May promotion aimed at Passkeys Wallets that we do not expect to reoccur in June. However, this performance demonstrates the power of our Passkeys tech, enabling a scalable, hassle free, and under thirty second wallet onboarding experience ideal for stablecoin adoption. Additionally, we believe our sponsorship of the Las Vegas BTC 2025 conference further reinforced Exodus' market leadership in bringing crypto, including Bitcoin and stablecoins, to the wider public.' 'Our operations continue to generate Bitcoin,' Exodus CFO James Gernetzke remarked. 'In particular, incremental increases in our BTC units held demonstrate the real-world benefits of our operational philosophy. In addition, we plan to continue to drive shareholder value by executing upon our organic growth initiatives, pursuing potential strategic acquisitions, and expanding our digital assets treasury.' About Exodus Exodus is a financial technology leader empowering individuals and businesses with secure, user-friendly crypto software solutions. Since 2015, Exodus has made digital assets accessible to everyone through its multi-asset crypto wallets prioritizing design and ease of use. With self-custodial wallets, Exodus puts customers in full control of their funds, enabling them to swap, buy, and sell crypto. Its business solutions include Passkeys Wallet and XO Swap, industry-leading tools for embedded crypto wallets and swap aggregation. Exodus is committed to driving the future of accessible and secure finance. Learn more at or follow us on X at Investor Contact [email protected] Disclosure Information Exodus uses the following as means of disclosing material nonpublic information and for complying with disclosure obligations under Regulation FD: websites and press releases; public videos, calls, and webcasts; and social media: X (@exodus and JP Richardson's feed @jprichardson), Facebook, LinkedIn, and YouTube. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: 'will,' 'expect,' 'would,' 'should,' 'intend,' 'believe,' 'expect,' 'likely,' 'believes,' 'views', 'estimates,' or other comparable terminology. Forward-looking statements in this document include, but are not limited to, management statements regarding management's confidence in our products, services, business trajectory and plans, expectations regarding demand for our products, and optionality around future securities offerings, including to finance acquisitions. Such forward-looking statements involve a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from those expressed or implied by our forward-looking statements. Such factors include those set forth in 'Item 1. Business' and 'Item 1A. Risk Factors' of Form 10-K filed with the Securities and Exchange Commission (the 'SEC') on March 6, 2025, as well as in our other reports filed with the SEC from time to time. All forward-looking statements are expressly qualified in their entirety by such cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by law, we undertake no obligation to update or revise any forward-looking statements that have been made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Globe and Mail
10-06-2025
- Business
- Globe and Mail
Exodus Movement, Inc. May 2025 Treasury Update and Monthly Metrics
OMAHA, Neb., June 10, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus"), a leading self-custodial cryptocurrency platform, today announced an update to selected digital asset holdings of Exodus' corporate treasury, as well as updated user and exchange provider processed volume metrics, as of May 31, 2025: Selected Digital Asset Holdings (Unaudited) Bitcoin (BTC): 2,038 BTC as of May 31, 2025 Ethereum (ETH): 2,721 ETH as of May 31, 2025 Solana (SOL): 29,109 SOL as of May 31, 2025 Users Monthly Active Users (MAUs): 2.2 million as of May 31, 2025, of which approximately 675,000 are Passkeys Wallets. Swap Volume Exchange provider processed volume was $486M for the month of May 2025, of which $69M (14%) originated from our XO Swap partners. Exodus CEO, JP Richardson, commented: 'Our monthly active users benefited from a brief May promotion aimed at Passkeys Wallets that we do not expect to reoccur in June. However, this performance demonstrates the power of our Passkeys tech, enabling a scalable, hassle free, and under thirty second wallet onboarding experience ideal for stablecoin adoption. Additionally, we believe our sponsorship of the Las Vegas BTC 2025 conference further reinforced Exodus' market leadership in bringing crypto, including Bitcoin and stablecoins, to the wider public.' 'Our operations continue to generate Bitcoin,' Exodus CFO James Gernetzke remarked. 'In particular, incremental increases in our BTC units held demonstrate the real-world benefits of our operational philosophy. In addition, we plan to continue to drive shareholder value by executing upon our organic growth initiatives, pursuing potential strategic acquisitions, and expanding our digital assets treasury.' About Exodus Exodus is a financial technology leader empowering individuals and businesses with secure, user-friendly crypto software solutions. Since 2015, Exodus has made digital assets accessible to everyone through its multi-asset crypto wallets prioritizing design and ease of use. With self-custodial wallets, Exodus puts customers in full control of their funds, enabling them to swap, buy, and sell crypto. Its business solutions include Passkeys Wallet and XO Swap, industry-leading tools for embedded crypto wallets and swap aggregation. Exodus is committed to driving the future of accessible and secure finance. Learn more at or follow us on X at Investor Contact investors@ Disclosure Information Exodus uses the following as means of disclosing material nonpublic information and for complying with disclosure obligations under Regulation FD: websites and press releases; public videos, calls, and webcasts; and social media: X (@exodus and JP Richardson's feed @jprichardson), Facebook, LinkedIn, and YouTube. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: 'will,' 'expect,' 'would,' 'should,' 'intend,' 'believe,' 'expect,' 'likely,' 'believes,' 'views', 'estimates,' or other comparable terminology. Forward-looking statements in this document include, but are not limited to, management statements regarding management's confidence in our products, services, business trajectory and plans, expectations regarding demand for our products, and optionality around future securities offerings, including to finance acquisitions. Such forward-looking statements involve a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from those expressed or implied by our forward-looking statements. Such factors include those set forth in 'Item 1. Business' and 'Item 1A. Risk Factors' of Form 10-K filed with the Securities and Exchange Commission (the 'SEC') on March 6, 2025, as well as in our other reports filed with the SEC from time to time. All forward-looking statements are expressly qualified in their entirety by such cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by law, we undertake no obligation to update or revise any forward-looking statements that have been made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.
Yahoo
30-05-2025
- Business
- Yahoo
Exodus taps Worldpay to enable crypto purchase using cards
Self-custodial wallet provider Exodus has announced the launch of a new feature XOPay, in partnership with paytech company Worldpay. XOPay is a feature that permits consumers to buy cryptocurrencies within the self-custodial wallet using credit or debit cards. Worldpay will facilitate a native checkout experience for users. Set up in 2015 and based in Omaha, Exodus has offered a secure platform for individuals to store digital assets away from exchanges. The firm's user base, now at over five million, can use their preferred payment cards to purchase digital currencies directly within their Exodus wallet. This move aims to streamline the cryptocurrency acquisition process, enabling users to natively purchase and retain digital currencies within a single platform. Furthermore, Exodus will leverage Worldpay's flagship fraud detection system, FraudSight, to enhance security and transaction authorisation rates. At present, the card purchase functionality is accessible to Exodus customers in the US, with intentions to broaden the service to other regions in the forthcoming months. Worldpay fintech growth and financial partnerships head Nabil Manji said: 'Worldpay's card payments capabilities for crypto purchases have been making it easier for consumers to buy their favourite assets for more than a decade, and companies like Exodus are working to empower consumers to protect their assets through self-custody. 'Meanwhile, Exodus's customers will enjoy even easier ways to buy Bitcoin and other cryptocurrencies directly within their own wallets.' Exodus CEO JP Richardson stated: 'Our number one focus is on delivering the best customer experience in the market, which is why we wanted to work with Worldpay to bring this critical feature to our platform. 'We couldn't be happier to be the first self-custodial wallet to enable native card payments directly embedded in our platform by working with Worldpay.' Recently, Worldpay collaborated with BVNK to provide stablecoin payout services to Worldpay's global clientele. "Exodus taps Worldpay to enable crypto purchase using cards " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
