
PANews May 4 news, since self-custody cryptocurrency platform Exodus Movement (NYSE American: EXOD) announced its preliminary financial report for the first quarter of 2026, with revenue of approximately $22.7 million, a decrease of 36.9% year-on-year. The company holds a total of approximately $46.7 million in crypto assets, including 628 bitcoins (worth $42.8 million) and 1,861 ethereums (worth $3.9 million). In addition, the total of cash, cash equivalents, and stablecoins amounts to $74.4 million, with total assets reaching $122.6 million.
In this quarter, Exodus launched the Exodus Pay service, covering all 50 states in the United States and some international markets, dedicated to creating a comprehensive self-custody financial platform. Despite a challenging market environment, the company plans to diversify its business through new product launches and strategic acquisitions (such as the acquisition of Monavate), reducing dependence on market volatility.
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