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Exodus Movement acquires Uruguayan payment company Grateful to strengthen stablecoin payment services
Deep Tide TechFlow News, November 10th, cryptocurrency platform Exodus Movement, Inc. (NYSE American: EXOD) announced today the acquisition of Uruguayan payment coordinator Grateful. The acquisition aims to enhance Exodus’s merchant service capabilities in Latin America, particularly for stablecoin-based payment solutions.
Grateful is designed to provide digital payment services for small businesses and freelancers, featuring low fees, instant access to funds, and balance earning functions. The company offers a comprehensive suite of merchant tools, including a merchant control panel, 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 conference today at 8:30 AM Eastern Time, where the acquisition will be discussed in detail.