GK8 by Galaxy

Self-custody Technology for Digital Asset Security and Management

Cyber Security
Acquired by Galaxy
Acquired Ramat Gan Founded 2018
Total raised
$12.0M
Last: Series A 2020-10
Stage
Acquired
Founded
2018
Headcount
78
HQ
Ramat Gan
Sector
Cyber Security

About

GK8 by Galaxy provides comprehensive self-custody technology for digital assets, enabling regulated self-custody, digital asset management, and token issuance. With its patented Impenetrable Vault and uMPC technology, GK8 empowers traditional financial institutions and crypto-native companies worldwide with the tools they need to navigate the digital asset economy with confidence. In a market where trust is an institution’s most valuable asset, GK8 protects the institution’s reputation by setting the highest standard for digital asset custody, paving the way for the mass adoption of digital assets.

Funding history · 3 rounds · $12.0M total

2020-10
Series A $8.0M
2019-09
Seed $4.0M
2018-11
Seed Undisclosed

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was GK8 by Galaxy acquired by Galaxy, and what was its previous acquisition status?
GK8 by Galaxy was acquired by Galaxy in February 2023. Prior to this, in November 2021, GK8 was acquired by Celsius for $115 million.
What was the total funding raised by GK8 by Galaxy before its acquisition?
GK8 by Galaxy raised a total of $12 million across its funding rounds.
When did GK8 by Galaxy complete its Series A funding round, and which investors participated?
GK8 by Galaxy completed its Series A funding round in October 2020, raising $8 million. Investors included IN Venture and Eden Block.
Which investors led GK8 by Galaxy's $4 million Seed round in September 2019?
Discount Capital led GK8 by Galaxy's $4 million Seed round in September 2019, with participation from iAngels, IDEAL-HLS, Israel Innovation Authority, Eden Block, and Marius Nacht.
What was a key partnership announced by GK8 in October 2020?
In October 2020, GK8 partnered with Chainalysis to enhance blockchain fraud security.
Which company partnered with GK8 in June 2020 for digital asset coverage?
In June 2020, Aon partnered with GK8 to provide digital asset coverage.
What significant security discovery was made by GK8 in August 2020?
In August 2020, GK8 discovered a blockchain weakness that could potentially lead to the leak of millions.
What is the primary technology offered by GK8 by Galaxy for digital asset security?
GK8 by Galaxy offers self-custody technology for digital assets, featuring its patented Impenetrable Vault and uMPC technology.

Sectors & technology

Primary sector
Cyber Security
Sub-sectors
Cyber SecurityNetwork & Infrastructure Security
Technologies
CryptographyTokenizationPlatforms & InterfacesSoftware
Target customers
Financial ServicesFinancial InstitutionsBanks
Business model
B2B

Highlights

1 PatentsVerified

Tags

financial-institutionsblockchaincyber-securitycryptographypatent-pendingdigital-assetstokenization