Today marks a pivotal moment for EQ Exchange and, more importantly, for the future of crypto. We’re thrilled to announce our strategic partnership with Knox Networks to launch the world’s first fully transparent digital asset exchange. This collaboration isn’t just a milestone for EQX- it’s a step forward for an industry in dire need of transformation.

At EQ Exchange, we’ve always believed that trust is the cornerstone of any financial system. In crypto, however, that trust has been repeatedly tested, from questionable practices to outright collapses. But where others see challenges, we see opportunity- the opportunity to rebuild trust through radical transparency.

By partnering with Knox Networks, we’re making a bold commitment to provide real-time visibility and a permanent window into our company and financial operations. That means users will be able to see exactly what’s happening with our reserves, assets, liabilities, and solvency- both on-chain and off-chain. We’re excited and proud to take on the challenge to be the first company in the world to publicly disclose in real-time all of our financial statements.

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Rebuilding Trust from the Ground Up

Most exchanges offer Proof-of-Reserves, but these systems only provide a snapshot in time or focus solely on on-chain assets. Proof-of-reserves are often conducted on an annual basis with some institutions pushing the boundary at monthly audits. In Web3 changes come quickly and in the case of FTX’s, its collapse took 11 days. We believe that to truly earn people’s trust, we need to do more. With Knox Network’s multi-asset ledger infrastructure and technology, we’re going beyond static data.

We’ll be introducing Proof-of-Solvency (PoS)- a dynamic, real-time measure of our ability to meet all debt obligations while supporting customer withdrawals. This is not a compiled report but built from ground up to natively generate and validate in real-time. Combined with Proof-of-Reserves, this ensures users have a comprehensive view of EQX’s financial health at any moment, not just a partial picture.

This is about more than just showing numbers- it’s about making the entire process of trading digital assets more transparent, secure, and trustworthy. And that’s how we’ll start building real, lasting trust.

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How Knox Network’s infrastructure Bridges Traditional Finance and Crypto

One of the greatest challenges in crypto is closing the gap between traditional financial systems and digital assets. At EQ Exchange, we’re uniquely positioned at the crossroads of Web2 and Web3, and our decision to partner with Knox Networks was both strategic and mission-driven. Together, we’re co-building a next-generation real-time accounting platform powered by Knox’s multi-asset ledger infrastructure. This partnership ensures our platform meets the highest standards of security, transparency, and scalability while accelerating our roadmap to deliver groundbreaking unique features in the future.

Knox’s platform stands apart as the only infrastructure that truly enables a fully interoperable experience, seamlessly managing both digital and fiat assets on a unified ledger. This technology allows for a real-time, comprehensive view across our ecosystem- something no other platform in the space can offer.

I’m thrilled to work alongside Natalya Thakur and her talented engineering team as we bring this vision to life. Together, we’re building not just for today but for the future of a transparent and trusted financial system.

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The Road Ahead

The collapse of major exchanges like FTX has been a painful reminder of what’s at stake when trust is breached. But these failures have also fueled our resolve. Crypto was meant to empower users through decentralization and innovation, but to realize that vision, we must first rebuild the trust that has been lost.

Transparency isn’t a feature; it’s the foundation. At EQ Exchange, we’ve chosen the harder path- the one that demands accountability at every step. It’s a path that forces us to operate more conservatively and to prioritize our users above all else. This is how we redefine trust and establish a blueprint for a better, more transparent future.

This partnership with Knox Networks is just the beginning. The road ahead will be challenging, but it’s a challenge we embrace wholeheartedly. Our mission has always been to create a transparent, trustworthy financial system- and we’re making good on that promise.

To our users, partners, and supporters: thank you for joining us on this journey. Together, we’re building a future where trust is no longer an afterthought but the foundation of everything we do.

But we can’t do it alone. True change happens when we as users demand more. We hope this level of transparency inspires you to ask tougher questions, hold institutions accountable, and expect better from the platforms and financial systems you rely on.

Let’s push for a world where trust isn’t optional- where transparency is the standard. Together, we can create it.

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Kevin

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