Exodus announced the definitive agreement to acquire W3C Corp and its subsidiaries Baanx and Monavate.
The acquisition aims to position Exodus as a major player in on-chain payments.
This strategic move will enable Exodus to control the end-to-end payments experience, from wallets to cards.
Control over Payments Infrastructure
Exodus plans to become one of the few self-custodial wallets to manage the entire payments process internally.
Diversified Revenue Streams
Expanded offerings are projected to diversify revenue sources and create a more stable earnings base for Exodus.
Enterprise Solutions Enhancement
Integration with Baanx and Monavate will provide enterprise clients using XO Swap with advanced payment solutions.
- Stablecoin payment volumes surged by 70% from February to August 2025, indicating a growing demand for stablecoin-based transactions.
- The acquisition of Baanx and Monavate will reduce dependence on third-party providers and support a broader range of assets, including popular stablecoins.
The acquisition of W3C Corp marks a significant advancement for Exodus in the crypto payments sector, aligning with their mission to bridge the gap between holding and spending digital assets. This move is poised to solidify Exodus' position as a comprehensive financial platform for both individuals and businesses.