Exodus Records Solid Q2 with $12.4 Million Revenue - Crypto Wallets Making a Comeback?

Crypto wallet company Exodus recorded a revenue of $12.4 million in the second quarter, experiencing a 4% decline compared to the previous year, the company announced on Tuesday. Despite the revenue dip, Exodus achieved a net income of $1.9 million, a significant outcome that was influenced by cost reductions of 6% year-over-year. Exodus attributed a significant portion of its total revenue to its exchange aggregation business, accounting for $11.6 million during the quarter....