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.
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