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GK8 Enhances Institutional Access to DeFi with Avalanche Integration

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GK8 Enhances Institutional Access to DeFi with Avalanche Integration

Galaxy Digital Holdings ( (TSE:GLXY) ) has shared an update.

GK8 by Galaxy has integrated its unlimited MPC (uMPC) technology with the Avalanche blockchain, enhancing institutional access to DeFi applications. This integration allows institutions to securely engage with DeFi through MetaMask Institutional, leveraging Avalanche’s low transaction fees and rapid finality. The uMPC technology supports all EVM-compatible chains, ensuring secure asset management without compromising transaction speed, thereby fostering greater institutional participation in DeFi.

More about Galaxy Digital Holdings

GK8 by Galaxy is a company that offers a comprehensive self-custody platform, focusing on providing secure and efficient access to decentralized finance (DeFi) applications. It operates within the blockchain industry, emphasizing secure digital asset management for institutional clients.

YTD Price Performance: -32.56%

Average Trading Volume: 194,758

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $4.11B

See more insights into GLXY stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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