Galaxy Digital Inc.'s GK8 Partners with Polymesh to Offer Secure Staking and Custody for Institutions

Reuters

06-12

Galaxy Digital Inc.'s GK8 Partners with Polymesh to Offer Secure Staking and Custody for Institutions

Galaxy Digital Inc.'s subsidiary, GK8, has announced a new partnership with Polymesh, the blockchain specifically designed for regulated assets. This collaboration aims to offer institutional-grade custody and secure staking support for POLYX, Polymesh's native token. The partnership allows institutions to store and stake POLYX securely while adhering to regulatory and compliance standards. GK8's Impenetrable Staking solution ensures that staked assets remain protected within its patented self-custody vault. The partnership is expected to expand later this year to include tokenization on Polymesh, further enhancing institutional applications on the blockchain. This collaboration underscores the commitment to providing secure and compliant solutions for institutional investors engaging with digital assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galaxy Digital Inc. published the original content used to generate this news brief via CNW (Ref. ID: C7144) on June 12, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galaxy Digital Inc. published the original content used to generate this news brief via CNW (Ref. ID: C7144) on June 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GLXY","symbol_name":"Galaxy Digital Holdings Ltd.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250612:nNDL1nKdy0:1","article_id":"2542515695","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542515695","pubTimestamp":1749726054,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Galaxy Digital Inc.'s subsidiary, GK8, has announced a new partnership with Polymesh, the blockchain specifically designed for regulated assets. 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