EDX, a new cryptocurrency exchange, is reportedly making a switch in its custody services from Paxos to Anchorage. This change demonstrates the evolving landscape of custodial solutions within the crypto industry. By opting for Anchorage, EDX aims to leverage the advanced security measures and institutional-grade offerings provided by the custodial service provider. This move emphasizes the importance of robust custody solutions in safeguarding digital assets and meeting the demands of institutional investors. The decision by EDX to switch to Anchorage highlights the competitive nature of the custody space as companies seek the most secure and reliable options to instill trust and attract customers.

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