Exodus Movement, Inc. Announces Acquisition of Grateful To Strengthen Stablecoin-Based Payments

Core Viewpoint - Exodus Movement, Inc. has announced the acquisition of Grateful, a Uruguay-based stablecoin payments orchestrator, to enhance its merchant services capabilities in Latin America, focusing on lower fees, instant access to funds, and yield on balances [1][2]. Group 1: Acquisition Details - The acquisition of Grateful aims to empower small businesses and independent workers in Latin America to manage digital payments seamlessly through stablecoins [2]. - Grateful's platform includes a comprehensive suite of tools for merchants, such as a merchant dashboard, wallet-to-wallet payments, offramping, QR-based point-of-sale capabilities, and ecommerce checkout integrations [2]. Group 2: Strategic Importance - The CEO of Exodus highlighted that Grateful complements the company's efforts to expand access to digital payments and cryptocurrency in Latin America, particularly in the growing gig and creator economy [3]. - The integration of Grateful's technology is expected to enhance Exodus' existing products, which support multichain development on leading blockchains like Polygon, Optimism, Base, Arbitrum, and Solana [5]. Group 3: User Benefits - By combining Grateful's platform with Exodus' self-custodial wallets, users will gain full ownership of their funds and benefit from faster, cheaper, and borderless transactions [4]. - The company emphasizes the importance of providing equal access to the benefits of the digital payments revolution for consumers and merchants in emerging markets [4]. Group 4: Upcoming Financial Updates - Exodus plans to provide a business update and release its third quarter financial results on November 10, 2025, with a conference webcast to discuss the Grateful acquisition [6].