Exodus to Acquire W3C Corp to Boost Crypto Payment Infrastructure
Exodus Movement (EXOD) has entered a definitive agreement to acquire W3C Corp, the parent of Monavate Holdings, pending regulatory approval. The deal aims to integrate advanced card issuance and payment processing capabilities into Exodus’s self-custodial wallet. By expanding its crypto payment infrastructure, Exodus expects to streamline on- and off-ramp services and enhance user experience. The acquisition reinforces Exodus’s strategy to broaden its payment infrastructure and support broader adoption of self-custody solutions. Completion of the transaction will position Exodus as a more versatile crypto payments provider.
Bullish
The acquisition of W3C Corp strengthens Exodus’s crypto payment infrastructure by adding card issuance and processing features to its self-custodial wallet. Improved on- and off-ramp capabilities typically drive user growth and trading volumes. Similar past integrations, like Binance’s card partnerships, led to increased platform engagement and positive market sentiment. In both short and long term, expanded payment infrastructure can boost ecosystem adoption, support higher transaction throughput, and foster bullish trader confidence.