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Exodus is set to become a "full-stack payment empire." The Wallet application Exodus has announced an acquisition of W3C Corp for $175 million (which includes the payment infrastructure Monavate and Baanx), planning to handle card issuance, transaction processing, and compliance tools all by itself.



Where did this money come from? Exodus applied for a credit line from Galaxy Digital using its own BTC reserves, having already lent $58.8 million to W3C for a previous acquisition, and can lend another $10 million for operating funds.

The core demand is just two words: closed loop. CEO Richardson bluntly stated - there is a gap between holding cryptocurrency and spending it. Now Exodus has integrated card issuance channels from Visa, Mastercard, and Discover, directly entering the cross-chain payment market.

This is not an isolated event. Visa is already piloting cross-border instant settlement with USDC/EURC, and Swift is also working on a 24/7 blockchain settlement layer. The trend of stablecoin payments has become established, and Exodus is seizing the opportunity. The delivery is expected to be completed by 2026.
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