Exodus Movement Inc., a self-custody software firm based in Omaha, is set to significantly expand the reach of its XO Swap service through a new integration with the Bitget Wallet. This partnership allows the XO Swap feature to tap into Bitget Wallet’s extensive user base, which boasts over 90 million users globally.
The integration enhances Bitget Wallet by enabling cross-chain trading directly within its app, offering users access to deeper liquidity, competitive pricing, and faster execution across nearly 100 supported blockchains. XO Swap functions as a cross-chain swap aggregator designed to streamline the trading process by routing transactions through decentralized exchanges, bridges, and market makers. This system helps users secure the best available prices without the need to manually compare options or exit their wallets, simplifying the trading experience.
Exodus CEO and co-founder JP Richardson highlighted that XO Swap was initially designed and tested within the Exodus wallet, undergoing refinements based on real user interactions before being made available to external partners. Bitget Wallet’s Chief Operating Officer, Alvin Kan, emphasized the goal of making cross-chain swaps as effortless as a single tap from a self-custodial wallet.
This strategic partnership aligns with a broader trend in wallet infrastructure development, focusing on essential features such as swap routing, liquidity access, and enhanced user retention. As self-custody applications evolve, they aim to transition from simple storage tools to comprehensive on-chain finance platforms.
Additionally, this collaboration provides Exodus with a stronger distribution channel for its products while showcasing the scalability of its enterprise suite at a time when public cryptocurrency companies are exploring ways to diversify their revenue streams beyond trading activities. Currently, Exodus Movement Inc. is trading at $6.80 per share on the NYSE.
