In a move signaling a growing emphasis on
institutional-grade safeguards, Exodus Movement has partnered with Crypto.com
Custody Trust Company to manage a portion of its digital assets.
The deal aims to bolster Exodus’ treasury security
while maintaining the company’s self-custody ethos, a core feature of its
crypto wallet solutions.
A New Layer of Institutional Protection
Crypto.com Custody Trust Company, a regulated trust
operating under New Hampshire law, will now serve as Exodus’ digital asset
custodian. The partnership introduces additional security layers and regulatory
oversight to complement Exodus’ existing self-custody infrastructure. By
diversifying treasury management, Exodus aims to increase resilience against
potential market or operational risks.
Exodus Movement, established in 2015, offers multi-asset
wallets and embedded crypto solutions that put users in full control of their
digital assets. Its products include Passkeys Wallet and XO Swap,
tools designed to simplify crypto transactions while retaining a self-custody
model.
Expect ongoing updates as this story evolves.
This article was written by Jared Kirui at www.financemagnates.com.
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