Crypto Wallet Firm Exodus Buys Baanx and Monavate for $175M
PositiveCryptocurrency

- Exodus, a U.S.-listed crypto wallet provider, has announced the acquisition of W3C Corp, the parent company of crypto card and payments firms Baanx and Monavate, for $175 million. This strategic move aims to enhance Exodus's offerings in the cryptocurrency space.
- The acquisition signifies a significant expansion for Exodus, positioning the company to strengthen its market presence and diversify its services in the rapidly evolving cryptocurrency industry, potentially attracting more users and increasing its competitive edge.
— via World Pulse Now AI Editorial System
