Olympia Financial Group Inc. announced that Olympia Trust Company entered into a letter of intent dated April 21, 2021 with Knox Capital Inc. and Knox Industries Inc. pursuant to which, subject to the satisfaction of certain conditions, Olympia Trust will be granted the exclusive Canadian license to use a proprietary Bitcoin custody system developed by Knox. In addition, Olympia Trust will acquire certain facilities and insurance policies used by Knox in the operation of the Custody System and the right to provide custody service to Knox's existing Canadian customers.