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GK8 teams up with Securrency for custody and institutional-grade blockchain infrastructure

By Pavithra R

August 06, 2021

  • America
  • Gk8
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GK8 teams up with Securrency for custody and institutional-grade blockchain infrastructureGK8, a cybersecurity company that offers high-security custodian technology for managing and safeguarding digital assets, has announced partnering with Securrency, a fintech and regtech global leader, backed by State Street, U.S. Bank, WisdomTree and Abu Dhabi Catalyst Partners.

Securrency focuses on tokenizing real-world financial assets, such as securities, equities, and commodities, bridging the gap between conventional finance and the world of digital assets. Under the collaboration, GK8’s enterprise-grade end-to-end custodial solution will be made available to Securrency’s clients as Securrency creates a global ecosystem built around a universal, interoperable compliance core, bridging the gap between traditional and new financial markets.

“Banks and other financial institutions are waking up to the fact that blockchain is more than crypto, and that any financial instruments can be tokenized. For institutions looking to offer traditional assets on the blockchain, our enterprise-grade custodial solution, with its unparalleled security and flexibility, is empowering these institutions to build the finance of the future. With its stellar investor support, we are sure that Securrency will lead the way in this transition, and we are thrilled to be part of this transformation,” said Lior Lamesh, CEO and Co-Founder of GK8.

GK8’s proprietary end-to-end custodial solution, designed for banks and other FIs, is set to power Securrency’s services as the company prepares leading banks to digitize traditional assets. Its compliance and regulations-ready platform include a truly offline cold vault and a highly scalable MPC for automatic high-frequency transactions, equipped with a robust API and customer apps to enable enterprises to secure their digital assets with ease and accessibility. Its unique smart contract compatibility allows FIs to process any transactions and build up sophisticated algorithms to power their operations and workflows.

GK8 was recently chosen by Mastercard to engage in defining the future of blockchain finance and payments in its Startup Path program dedicated to facilitating the growth of the most innovative crypto solutions globally

“We are delighted to team up with GK8 and offer the world’s leading banks and other financial institutions the most secure custodial solution in the market. GK8’s design provides all-around protection and functionality for enterprise-grade clients. By adding the GK8 custodial solution to our network, we can now make sure that our customers’ assets are protected to the highest standards,” said Dan Doney, Co-Founder and CEO of Securrency.

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