Exodus wallet posts 80% rise in Q2 revenue with $9.6M in losses

Exodus’ operating revenue in Q2 2024 was primarily driven by the wallet’s exchange aggregation service, which netted $19.9 million.

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Cryptocurrency wallet Exodus has reported strong financial performance in the second quarter of 2024, with revenue surging 80% year-over-year (YoY) to $22.3 million.

While seeing significant YoY growth, Exodus also saw major losses in Q2 2024, posting a net loss of $9.6 million, compared to $1.9 million of losses in Q2 2023.

Exodus’ Q2 2024 financial highlights (unaudited). Source: Exodus

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