GK8 by Galaxy Partners with Polymesh to Deliver Secure Staking and Custody for Institutions

NEW YORK, June 12, 2025 /CNW/ - GK8 by Galaxy has partnered with Polymesh, the layer-1 blockchain purpose-built for regulated assets, to provide institutional-grade custody and secure staking support for POLYX, Polymesh's native token.

With GK8's product suite, institutions can now store and stake POLYX while maintaining full control over their assets and adhering to regulatory and compliance requirements. GK8's Impenetrable Staking ensures that staked assets never leave GK8's patented self-custody solution, Impenetrable Vault, enabling a new standard of staking protection and utilization for institutions that engage with POLYX, a leading digital token with large trading volumes in South Korea and known for its high staking rewards.

"Polymesh is built to meet the specific needs of regulated markets. Its focus on identity, compliance, and auditability aligns naturally with GK8's standards for secure and compliant custody," said Lior Lamesh, CEO and Co-Founder of GK8 by Galaxy. "By supporting POLYX staking and soon tokenization through our Impenetrable Vault, we're giving institutions access to rewards without compromise, while maintaining their customers' trust, knowing assets are fully protected."

GK8 by Galaxy offers a full range of products, including the Impenetrable Vault, uMPC (Unlimited Multi-Party Computation), and Tokenization Wizard, designed to remove barriers to digital asset adoption for traditional financial institutions and crypto-native firms. With these tools, GK8 customers can confidently engage in end-to-end wallet management, tokenization, DeFi, staking, and other digital asset operations, navigating the digital asset economy with confidence.

POLYX has seen significant growth in the South Korean market, with increased trading activity and engagement from local institutions, reflecting its rising prominence in the region. Its unique protocol-level compliance features, combined with attractive staking yields, make it a compelling option for institutions looking to expand their presence in the digital asset economy.

"The integration with GK8 ensures that POLYX holders can now store and stake assets with confidence, backed by a secure custody solution," said Bill Papp, CEO of the Polymesh Association. "This partnership represents a major step forward in bringing regulated blockchain solutions to institutional investors globally."

The partnership marks the first phase of collaboration between GK8 and Polymesh. Later this year, GK8 will expand support to enable tokenization on Polymesh, paving the way for more institutional applications on a blockchain purpose-built for regulated markets.

To learn more about staking POLYX with GK8, visit: https://www.gk8.io/demo/impenetrable-vault/?utm_source=pr&utm_campaign=polymesh

About GK8 by Galaxy

GK8, a Galaxy (TSX: GLXY) company, provides reliable and 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. For more information, please visit https://www.gk8.io/.

About Polymesh Association

The Polymesh Association is a not-for-profit dedicated to the growth of the Polymesh ecosystem through Polymesh and Polymesh Private. Polymesh is a leading public permissioned blockchain purpose-built for real world assets that streamlines capital markets and opens the door to new financial products. Polymesh Private is a private permissioned instance of Polymesh that can be deployed by enterprises. Visit polymesh.network to learn more.

Disclaimers and Additional Information

The TSX has not approved or disapproved of the information contained herein.

CAUTION ABOUT FORWARD-LOOKING STATEMENTS

This release contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively referred to herein as "forward-looking statements"). These forward-looking statements relate to the Tokenization Wizard launch and opportunities. All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "budget", "scheduled", "estimates", "continues", "forecasts", "projects", "predicts", "intends", "anticipates" or "believes", "seeks" or variations of, or the negatives of, such words and phrases, or state that certain actions, events or results "may", "could", "would", "should", "might" or "will" be taken, occur or be achieved. The forward-looking statements contained in this release are based on our current expectations and beliefs concerning future developments and their potential effects on us taking into account information currently available to us. There can be no assurance that future developments affecting us will be those that we have anticipated. Forward-looking statements involve known and unknown risks uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. Inherent in forward-looking statements are risks, uncertainties and other factors beyond the Company's ability to predict or control. The forward-looking statements are subject to the risks regarding the product and launch.  Factors that could cause outcomes to differ materially from those described in such forward-looking statements include, but are not limited to global developments, a delay or failure in the ability to launch and changes in applicable law or regulation. Readers are cautioned that such risk factors, uncertainties and other factors are not exhaustive. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements in this release. The forward-looking statements in this release are applicable only as of the date of this release or as of the date specified in the relevant forward-looking statement and the Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable securities laws. Investors are cautioned that forward-looking statements are not guarantees of future performance and are inherently uncertain. Accordingly, investors are cautioned not to put undue reliance on forward-looking statements.

SOURCE GK8

Investor Relations Contact: Jonathan Goldowsky, [email protected]; Media Relations Contact: Michael Wursthorn, [email protected]