Exodus reports $10.9M in Q3 payment business revenue

Crypto wallet firm Exodus Movement posted $10.9 million in third-quarter payment business revenue, Crypto Briefing reported. Payment processing volume during the same period was about $1.1 billion, and the payment business accounted for about 33% of total revenue of $32.5 million. Revenue from its existing wallet and crypto trading businesses was $21.6 million. Adjusted EBITDA showed a loss of $3.9 million, improving from a $6.7 million loss in the previous quarter.