## Exodus Wallet Expands with Strategic Acquisition Cryptocurrency wallet provider Exodus is poised to acquire W3C, the parent company of crypto card and payment solutions firms Baanx and Monavate, for a substantial $175 million. This strategic move, initially reported by CoinDesk, will significantly expand Exodus's capabilities in the crypto finance sector. ## Funding the Acquisition and Future Plans The acquisition will be financed through a combination of cash and Bitcoin-backed loans, demonstrating Exodus's commitment to leveraging its existing crypto assets. Upon finalization, expected in 2026, Exodus will gain the ability to issue its own crypto-backed cards and control the underlying infrastructure. This acquisition positions Exodus to aggressively expand its services across both the US and European markets, offering users a more integrated and seamless experience when managing and spending their digital assets. The move is a clear indication of Exodus's ambition to become a major player in the evolving landscape of crypto finance. ```