Exodus Movement reports $10.9 million in payments revenue as wallet business cools

The self-custody wallet maker is leaning on stablecoin payments and a smaller payroll while its legacy swap business slows Exodus Movement built its name on a crypto wallet. Its future now looks a lot more like a payments company that also happens to have a wallet. The company ( EXOD ) reported $10.9 million in payments revenue for the third quarter of 2026, on transaction volume of approximately $1.1 billion. That works out to roughly one-third of its quarterly revenue, from a business line that barely existed inside Exodus a year ago. Total revenue for the quarter came in at $32.5 million. The legacy side of the house, which Exodus calls digital asset services and which covers wallet and exchange activity, contributed $21.6 million of that.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Briefing.