San Francisco blockchain firm TokenSoft has recently introduced a beta version of Knox Wallet, a model of its pockets for digital assets and digital securities.
Knox Wallet provides cold storage and a self-custody platform for managing cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and tokenized assert likes real estate, equity, or debt. As the product is in beta right now, testing is ongoing with the solution to be made available to the public within quarter 1, 2019.
CEO of TokenSoft Mason Borda said “As real-world assets enter the blockchain world, it’s important to protect them with the same level of security we treat traditional digital assets. We see this of critical importance given that almost $1 billion of cryptocurrency was stolen by hackers in the first three quarters of 2018 alone.”
In December, TokenSoft invested in a broker-dealer which acted in compliance with the United States Securities and Exchange Commission (SEC). TokenSoft is a platform that provides a suite of technology and security products for the sale, issuance, and management of security tokens and other digital assets.