# GK 8

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gk-8

- Industry: Software
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.gk8.io
- Total disclosed funding: $12M
- Latest round: Series A (Oct 1, 2020)
- Investors on record: 7

## About

Founded in 2018 and based in Tel Aviv, Israel, GK 8 Ltd. operates as a blockchain cybersecurity firm that provides financial institutions with an end-to-end platform for managing their own blockchain-based assets. Lior Lmaesh (CEO) and Shahar Shamai (CTO) are the co-founders of the company. In February 2023, Galaxy Asset Management acquired GK 8 Ltd. for approximately USD 44 million.

The company provides solutions such as the GK8 cold vault, a patented unidirectional solution that creates, signs, and sends blockchain transactions without requiring an internet connection; and GK8's patented MPC, a keyless solution that provides automatic co-signers without impacting network performance. The firm offers an end-to-end plug-and-play platform for utilizing digital assets, which includes features like staking, Defi, secure custody of digital assets, and OCC compliance.

## Funding rounds

- Series A, Oct 1, 2020, $8M — Eden Block, IN Venture
- Seed, Sep 18, 2019, $4M — Discount Capital, Israel Innovation Authority, iAngels, Eden Block, IDEAL-HLS Group, StratX

## Investors

- Discount Capital (https://capitalatlas.ai/funds/discount-capital) — Seed
- Israel Innovation Authority — Seed
- iAngels (https://capitalatlas.ai/funds/iangels) — Seed
- Eden Block (https://capitalatlas.ai/funds/eden-block) — Seed, Series A
- IDEAL-HLS Group — Seed
- StratX — Seed
- IN Venture (https://capitalatlas.ai/funds/in-venture) — Series A