The emergence of digital assets has unlocked a plethora of possibilities for financial institutions. By incorporating cryptocurrencies into their portfolio, financial institutions can not only profit from offering equivalent services for an advancing asset class, they can also explore and provide a diverse new set of services to drive fresh revenue streams. That said, digital assets differ from their fiat counterparts, and entering the blockchain arena requires careful consideration, particularly in terms of custody. As many have learned the hard way, digital asset custody is not the same as fiat asset custody, and selecting the appropriate custody solution can be a daunting task. Especially, with the ever-changing regulatory landscape. Here are six reasons why GK8 is the best choice for securing your digital assets: 1. Eliminate counterparty risk You, and you alone, have access to your private keys. Once the solution is installed, GK8 has no access to your environment nor to your private keys: GK8 does not manage nor have access to your assets We spin up a dedicated environment per your requirements We have no access to your keys or seed phrases We cannot initiate or approve a transaction on your behalf We cannot block your access to your funds Your transactions are recorded directly in the blockchain without any intervention from GK8 Your assets are just that – Y-O-U-R-S! 2. No single point of failure Our patented, three-tiered solution eliminates all potential attack surfaces and prevents any cyber breach or compromise: Ours is the world’s first truly Cold vault which can create, sign, and send secure blockchain transactions without internet connectivity Our patented MPC enables a virtually unlimited number of automatic co-signers without impacting performance Our keyless MPC ensures that related key shares are never gathered during key creation, signing, or adding new users For the low-frequency, high-risk transactions we recommend at least one manual co-signer to provide extra security. For high-frequency transactions – our policy engine does the job and ensures your assets are safe. The policy engine’s core functionality is safely stored offline, and any change requires a series of predetermined quorum approvals, adding an additional layer of security 3. Ensure business continuity Our advanced disaster recovery options, ensure that you can always access and manage your digital assets. Regenerate your key from anywhere in the world without being dependent on GK8 Customer-defined policy, no limit to the number of seed phrases The process is validated upon installation GK8 has no access to seed phrases or key phrases 4. Control everything from anywhere in the world Our policy engine enables you to manage your crypto as you do your fiat, with the same granularity and workflows. Easily define rules and conditions that determine how your policies are applied. Mix and match different roles at the user, region, and account levels Configure a list of rules that affect how transactions are handled and approved Automate blockchain transactions conducted by your teams worldwide Funds cannot be transferred from your wallet(s) without quorum approval The policy engine is safely stored offline, and any change to a policy requires a series of predetermined quorum approvals Formal auditing and reporting processes with an option of independent balance attestation 5. Regulation ready Given the changing regulatory landscape, custodians are required to meet a continuously rising bar of mandates: Multiple deployment options – on-prem, cloud, or hybrid with a dedicated environment per customer – allow organizations to store their private keys in a compliant way Integrated AML/KYC Independent proof of reserves and balance attestation is available on demand 6. Built to stand the test of time At GK8, we understand the challenges and have developed a flexible crypto self-custody solution tailored to the needs of large financial institutions. The benefits of a regulation-ready, holistic solution that incorporates a cold vault, a hot wallet, and a policy engine ‘Out-of-the-box’ support for EVMs, ERC standards, and smart contracts, adding support for additional currencies and protocols requires no development Access to the highest insurance in the market, up to $1B per vault It is crucial to choose a versatile and customizable custody solution that can accommodate changing requirements while providing self-service options that not only mitigate but eliminate counterparty risk completely. At GK8, we understand the challenges and have developed a flexible crypto self-custody solution tailored to the needs of large financial institutions, enabling them to manage their digital assets as they would their fiat. Ultimately, our goal is to ensure that you, and you alone, are firmly in control of your assets. Contact us to learn more. Legal Disclosure: This document, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates including GK8 (“Galaxy Digital”) solely for informational purposes. This document may not be reproduced or redistributed in whole or in part, in any format, without the express written approval of Galaxy Digital. Neither the information, nor any opinion contained in this document, constitutes an offer to buy or sell, or a solicitation of an offer to buy or sell, any advisory services, securities, futures, options or other financial instruments or to participate in any advisory services or trading strategy. Nothing contained in this document constitutes investment, legal or tax advice or is an endorsement of any of the digital assets or companies mentioned herein. You should make your own investigations and evaluations of the information herein. Any decisions based on information contained in this document are the sole responsibility of the reader. Certain statements in this document reflect Galaxy Digital’s views, estimates, opinions or predictions (which may be based on proprietary models and assumptions, including, in particular, Galaxy Digital’s views on the current and future market for certain digital assets), and there is no guarantee that these views, estimates, opinions or predictions are currently accurate or that they will be ultimately realized. To the extent these assumptions or models are not correct or circumstances change, the actual performance may vary substantially from, and be less than, the estimates included herein. 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