Exodus, in a move as audacious as a penguin in a tuxedo, acquires Uruguay’s Grateful to expand stablecoin merchant services.
Exodus Movement, Inc. (NYSE American: EXOD), ever the trailblazer, has announced the acquisition of Grateful, a Montevideo-founded entity that enables merchants to accept wallet-to-wallet payments, QR point-of-sale, offramping, and ecommerce checkouts. The deal, scheduled for Nov. 10, 2025, is said to “strengthen” Exodus’s merchant services in Latin America, though one might argue it’s more of a desperate attempt to keep up with the crypto crowd. 🚀
The acquisition promises “lower fees, instant access to funds, and yield on balances” for small businesses and gig workers, a proposition as appealing as a buffet at a vegan convention. CEO JP Richardson, in a statement as enthusiastic as a toddler at a candy store, claims users will “benefit from full ownership of their hard-earned funds.” One wonders if “hard-earned” refers to cryptocurrency or the patience required to navigate this labyrinth. 😄
🧭 FAQs
• Where is Grateful headquartered? Montevideo, Uruguay – a country so serene, it’s practically a blockchain itself. 🇺🇾
• How will this affect merchants in Latin America? Merchants will gain “lower fees, instant payouts, and yield options” – a recipe for chaos, served with a side of optimism. 🎉
• When will Exodus provide more integration details in the US? During its Nov. 10, 2025 Q3 webcast in Omaha, Nebraska – a city so quiet, it’s practically a blockchain. 🧠
• Which blockchains will support the integrated services? Polygon, Optimism, Base, Arbitrum, and Solana – a veritable alphabet soup of blockchain protocols. 🧩
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2025-11-11 15:17