Exodus wallet provider reports $11 million net loss in 2025 despite record revenue

Exodus wallet provider posted an $11 million net loss in 2025 despite achieving record revenue, according to recent financial disclosures. The loss was primarily driven by the broader crypto market decline combined with increased operational expenses. The company’s revenue growth signals continued user demand for its wallet services, though macroeconomic headwinds and rising costs pressured profitability.

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