GK8 by Galaxy
Self-custody Technology for Digital Asset Security and Management
Company Overview
Snapshot
Founded in January 2018 by Lior Lamesh and Shahar Shamai, GK8 by Galaxy operates with 51–200 employees. The company raised $12 million across 3 funding rounds from 8 investors. In February 2023, GK8 by Galaxy was acquired by Galaxy.
Business overview
GK8 by Galaxy provides comprehensive self-custody technology for digital assets, enabling regulated self-custody, digital asset management, and token issuance. The company's core technology includes its patented Impenetrable Vault and uMPC technology, designed to empower traditional financial institutions and crypto-native companies. GK8 by Galaxy operates within the Cyber Security sector, focusing on blockchain and cryptography to protect digital assets and facilitate their mass adoption.
Strategic signal
In February 2023, GK8 by Galaxy was acquired by Galaxy, marking a significant consolidation in the digital asset security market. This acquisition signals Galaxy's strategic move to enhance its capabilities in self-custody technology and digital asset management, providing a strong validation of GK8's patented Impenetrable Vault and uMPC technology. For investors, this indicates a growing trend of established financial players integrating specialized crypto security solutions to meet the demands of institutional adoption.
Log in to access full profile ›Company Intelligence Q&A
- What is GK8 by Galaxy's primary focus?
- GK8 by Galaxy specializes in providing self-custody technology for digital asset security and management, catering to traditional financial institutions and crypto-native companies.
- When was GK8 by Galaxy acquired?
- GK8 by Galaxy was acquired by Galaxy in February 2023.
- Who are the founders of GK8 by Galaxy?
- GK8 by Galaxy was founded by Lior Lamesh and Shahar Shamai.
- What is a key technology offered by GK8 by Galaxy?
- GK8 by Galaxy offers patented Impenetrable Vault and uMPC technology for secure digital asset custody and management.
- Which investor led GK8 by Galaxy's September 2019 funding round?
- Discount Capital led GK8 by Galaxy's September 2019 Seed funding round, which also included participation from iAngels.