Shares of Exodus Movement, Inc. (NYSE American: EXOD) surged 8.70% in pre-market trading on Monday following the release of its impressive third-quarter 2025 results and the announcement of a strategic acquisition. The self-custodial cryptocurrency platform demonstrated robust growth and expansion plans, exciting investors.
Exodus reported a stellar financial performance for Q3 2025, with revenue soaring 51% year-over-year to $30.3 million. The company's net income skyrocketed to $17.0 million, a remarkable 2,025% increase from $0.8 million in the same quarter last year. This exceptional growth was driven by a 82% increase in exchange provider processed volume, which reached $1.75 billion in Q3 2025. Additionally, Exodus reported 1.8 million funded users at the end of the quarter, up 20% from the previous year.
In a move to strengthen its position in the stablecoin-based payments market, Exodus announced the acquisition of Grateful, a Uruguay-based stablecoin payments orchestrator for merchants. This strategic acquisition is expected to enhance Exodus' capabilities in offering lower fees, instant access to funds, and yields on balances, particularly in emerging markets such as Latin America. The integration of Grateful's technology into Exodus' platform aligns with the company's mission to expand access to digital payments and cryptocurrency in developing economies.