Every Zipp story tagged $EXOD, newest first.
The wallet provider is shrinking roughly a quarter of its headcount to fund a build-out of stablecoin payment rails, a bet that the next growth lane for self-custody wallets is merchant and…
The analyst kept a Buy rating even while cutting the price target by nearly half, a split that signals Benchmark sees the stablecoin move as a rerating catalyst the market has not yet priced in.
The layoff is large but the strategic read is bigger: a publicly listed crypto wallet is rewriting itself as a full-stack payments company on the back of Monavate and Baanx.
The 63% bitcoin cut is the headline, but the real signal is the dollar pivot: $70M parked in US reserves for a payments deal while revenue slid 36.8% and net loss nearly tripled.
CoinTelegraph
TheBlock
CoinDesk