Exodus Movement acquires Uruguayan payment company Grateful to strengthen stablecoin payment business

ChainCatcher news, cryptocurrency platform Exodus Movement, Inc. (NYSE American: EXOD) announced today the acquisition of Uruguayan payment coordinator Grateful. This acquisition aims to enhance Exodus's merchant service capabilities in Latin America, particularly stablecoin-based payment solutions.

Grateful specializes in providing digital payment services for small businesses and freelancers, with platform features including low fees, instant fund access, and balance yield functionality. The company offers a complete suite of merchant tools, including a merchant dashboard, wallet-to-wallet payments, and QR code-based point-of-sale features. Exodus plans to seamlessly integrate Grateful's technology into its existing multi-chain wallet, supporting major blockchains such as Polygon, Optimism, Base, Arbitrum, and Solana. Exodus will hold an earnings call today at 8:30 AM Eastern Time to discuss the acquisition in detail.