Insured Bitcoin Key Storage

Finally—

Bitcoin custody that is insured to the full value of holdings for the risk of theft and loss, including collusion. No need to blindly trust Knox. We made it such that we cannot be evil and only focus on warehousing services.

SOC 2 Type II Audit

SOC 2 Type II Completed

Earlier in 2020, we announced the successful completion of a SOC 2 Type II audit, becoming the only custodian in Canada with this certification. Such attestations are essential to show robust internal controls and security processes are established within our firm.

Trust. — Minimized

There is no such thing as ‘perfect security’. Extreme risk mitigation with technology is what we do. For unlikely edge cases, our insurance coverage protects us up to 100% of the value of customer holdings. Don’t take our word for it. We can produce certificates signed by our broker, Marsh, attesting to the insurance properties.

Security: Machine Guarantees, Not Human Policy

Collusion-resistant private key management is the nut we’ve cracked after years of R&D to isolate critical risks.

  • Entirely air-gapped specialized hardware running custom policy logic

  • A dual-control operational model runs offline transaction processing

  • Geographically distinct facilities communicate in a closed network

Yes, that is a mouthful for most. But we allow the expert eye to verify. Ultimately, Knox is explicitly insured against internal and external thefts across the full key lifecycle.

Insurance: the Right to be Protected

For insurance, the devil is in the details. Most policies covering Bitcoin theft and loss fall short and provide a false sense of security. All Knox custody accounts are insurable up to the full value of holdings.

On the back of our collusion-resistant technology, we have gone further:

  • Insured custody with insurance for up to 100% of held value

  • Insurance limits are exclusively allocated to each client account

  • Signed certificates attesting to our insurance guarantees

  • Insurance protection against key loss

  • Insurance protection against external theft

  • Insurance protection against internal collusion at Knox

You can also talk to us directly to learn more about our custody product, insurance policy or get a demo to register a Knox Custody account.

Custody services are offered through KNØX Industries Inc., a Canada-incorporated company. KNØX Industries Inc. is not engaged in the business of the offer, sale or trading of securities and does not provide legal, tax, or investment advice.

Holdings of Bitcoin and other digital assets are speculative and involve a substantial degree of risk that is only for investors with a high risk tolerance.