Exodus announces Q4 2025 performance, annual revenue hits a record high

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Exodus Movement announced its full-year revenue forecast for 2025, reaching a record $121.6 million, a 5% increase compared to 2024; annual trading volume grew by 21% to $6.89 billion. The company reported a net loss of $53.2 million in the fourth quarter, mainly due to digital asset losses of $63.6 million and a decline in active users. Its B2B trading aggregation product, XO Swap, is the main driver of growth, accounting for 19% of revenue in the fourth quarter. CEO JP Richardson highlighted the upcoming acquisition of W3C Corp, which will enable Exodus to offer card issuance and stablecoin settlement services, building a comprehensive payment system called Exodus Pay.

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