GK8, a cryptocurrency custody company acquired by Galaxy Digital more than a year ago, launched the Tokenization Wizard platform. The platform can build blockchain-based versions of real-world assets and securely manage stablecoins and various Web3 applications.
Lior Lamesh, co-founder and CEO of GK8, said that GK8's Tokenization Wizard engine follows the principle of self-custody. This is in stark contrast to the managed custody services provided by Coinbase and many other major cryptocurrency custody providers.
In addition, GK8 provides its own patented cold storage technology, which only creates, signs and sends messages to the blockchain in the form of output, thereby avoiding any connection to the Internet. (CoinDesk)