Exodus taps Bitcoin holdings to fund $175M move into onchain payments
Exodus is using its Bitcoin reserves to back a $175 million acquisition of W3C Corp, bringing Monavate and Baanx under its roof as it expands into onchain payments.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Exodus is using its Bitcoin reserves to back a $175 million acquisition of W3C Corp, bringing Monavate and Baanx under its roof as it expands into onchain payments.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
BNY Launches Onchain Transfer Agency for Its $8.6 Trillion Fund Business
BNY Mellon is launching a digital transfer agency that will record fund transactions and investor ownership onchain. Baillie Giffo...
Hyperscale Data sits on $71 million in Bitcoin with a $56 million market cap – Here is why its not a bargain
The market values Hyperscale Data’s common equity below its disclosed Bitcoin holdings. Whether that gap belongs to common shareho...
Morgan Stanley is using $7.4 trillion in client assets and rock-bottom fees to hijack Wall Street’s crypto boom
Morgan Stanley’s new Ethereum and Solana exchange-traded products generated roughly $38 million in combined trading volume on thei...
Ethereum Institutional completes first funding round with backing from 100+ ecosystem partners
Ethereum Institutional's funding success signals growing institutional interest in blockchain, potentially accelerating mainstream...
7 Crypto Risk Controls Traders in South Korea Apply
Multiple studies of retail trading activity have reached the same conclusion: most active traders lose money over time, largely be...
“There’s no free money forever”: Twenty One Capital’s new CEO warns the Bitcoin treasury playbook is dying
Raphael Zagury, the newly appointed CEO of Bitcoin-focused public company Twenty One Capital, says the premium-funded model behind...