If I end up using Exodus wallet to manage BTC and XRP, but one day, Exodus decides to get out of the business and shutdown, will their wallet still work? From what I can tell their wallet seems to be a hybrid personal wallet but requires you to be online to function. Is the need to function driven due to the need to sync with the blockchain and if yes, does it sync with nodes on the network or does it need to sync with its master node that it manages that could become offline if it goes out of business.
Make sure to have a back-up of your wallet seed phrase if you have secured for its safety reason. Don't ingnore this simple methods of preventions, because you might have the assurance that your asset will be recovered when a device will be lost or electronically damaged. Once you can transfer your funds to other wallet like, trust wallet of whatsoever hardware wallet it automatically sync if you're connected online.