Exodus Movement plans to cut roughly 25% of its workforce as it repositions the company around full-stack stablecoin payments infrastructure, according to a company announcement disclosed alongside a filing with U.S. securities regulators. The reduction is described as a plan tied to a strategic refocus rather than a completed action, according to the company’s press release announcing the workforce reduction. The move was also disclosed in a material-event filing with the U.S. Securities and Exchange Commission. For related coverage, see BMAG Brings a Full Trading Card Expo to Bitcoin Asia 2026.