In a significant development within the cryptocurrency sector, Crypto.com Custody Trust Company, a regulated digital asset custodian based in New Hampshire, has been chosen by Exodus Movement, Inc. as its digital asset custodian. This partnership aims to enhance the security and regulatory compliance of Exodus Movement’s digital assets through institutional-grade custody services.
With Crypto.com Custody Trust Company at the helm, Exodus Movement is set to benefit from a robust infrastructure designed to safeguard digital assets, thereby reinforcing its commitment to responsible financial practices in the evolving crypto landscape. This collaboration not only adds an extra layer of security but also diversifies the treasury management strategies of Exodus, potentially increasing its resilience amid market fluctuations.
Eric Anziani, President and COO of Crypto.com, expressed enthusiasm about the partnership. He emphasized the importance of the relationship in bolstering Exodus’s leadership in the self-custody arena, stating that Crypto.com’s regulated and secure custody solutions will allow Exodus to further enhance its treasury management and continue its innovation efforts for millions of customers globally.
JP Richardson, the CEO of Exodus, echoed these sentiments, highlighting the importance of trust in finance—trust in security, transparency, and partnerships. By opting for Crypto.com Custody Trust Company, Exodus aims to safeguard a portion of its treasury with institutional-grade protection while adhering to regulatory frameworks crucial for the future of digital assets. This partnership will empower Exodus to continue innovating for its customers, maintaining a foundation that remains secure and resilient akin to the self-custody experience that the company champions.
Crypto.com has emerged as a trusted name in the cryptocurrency space since its inception in 2016, gaining a loyal user base worldwide due to its focus on regulatory compliance, security, and privacy. The company’s vision aims for “Cryptocurrency in Every Wallet™,” and it is committed to propelling the adoption of cryptocurrency through technological innovation.
On the other hand, Exodus Movement, Inc. has established itself as a leader in financial technology since 2015, offering user-friendly crypto solutions that empower individuals and businesses alike. Its multi-asset crypto wallets prioritize design and ease of use, enabling users to take full control over their funds while facilitating operations such as swapping, buying, and selling crypto. Furthermore, Exodus provides business solutions like Passkeys Wallet and XO Swap, which are advanced tools for embedded crypto wallets and swap aggregation.
This partnership between Crypto.com and Exodus is seen as a pivotal step towards building a more secure and accessible financial future within the rapidly evolving digital asset ecosystem.
