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FORGOTTEN HISTORY: Exodus movement q1 earnings call highlights - The Untold Story

Exodus JP Richardson United States Crypto MarketBeat Visa

Exodus Movement (NYSEAMERICAN:EXOD) reported lower first-quarter revenue and swap volume as management emphasized a strategic shift away from crypto trading dependence and toward payments, following the completion of its Monavate and Baanx acquisitions.

On the company’s first-quarter 2026 earnings call, Co-Founder and CEO J.P. Richardson said the recently completed transactions were “the largest transaction in Exodus history” and a major step in the company’s effort to build a more durable revenue model. Richardson said the deals closed around the company’s May 1 shareholder event, The Exodus Summit, after a 15-month process.

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