Exodus Movement acquires Baanx US shares for $30 million

Exodus Movement, Inc. Class A

Exodus Movement, Inc. Class A

EXOD

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  • Exodus Movement acquired outstanding shares of Baanx US Corp. and certain other assets from W3C Corp. for total consideration of USD 30 million.
  • Upfront payment totals USD 5 million, payable on transfer of specified assets.
  • Deferred consideration totals USD 25 million, payable over four years.
  • Transaction positions Exodus to expand self-custodial payments capabilities at scale.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Exodus Movement Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605011823PRIMZONEFULLFEED9711774) on May 01, 2026, and is solely responsible for the information contained therein.

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