KNØX introduction
Cryptocurrency custody service provider KNØX has launched its custody service, and financial institutions including asset management, liquidity providers and exchanges can sign up for KNØX's services. The agency said it was formed with the backing of Fidelity Investments Canada, and will partner with insurance giant Marsh to provide 100 percent payout insurance for its custody solutions. Alex Daskalov, co-founder and CEO of KNØX, claimed that the company’s custody service “is able to secure the full value of clients’ assets.”