Exodus to lay off 25% of staff amid pivot to full-stack payments platform

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Crypto wallet company Exodus has announced it will cut approximately 25% of its global workforce as part of a major strategic restructuring. The company is shifting its focus toward building a full-stack payments platform. This move follows Exodus's recent acquisitions of fintech firms Monavate and Baanx. The layoffs are directly tied to realigning resources around the company's new payments-oriented direction.

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