{"id":7121,"date":"2021-08-04T22:10:53","date_gmt":"2021-08-04T21:10:53","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=7121"},"modified":"2021-08-04T22:11:03","modified_gmt":"2021-08-04T21:11:03","slug":"securrency-partners-with-gk8-for-custody-and-institutional-blockchain-infrastructure","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/securrency-partners-with-gk8-for-custody-and-institutional-blockchain-infrastructure\/","title":{"rendered":"Securrency partners with GK8 for custody and institutional blockchain infrastructure"},"content":{"rendered":"\n
GK8, a cybersecurity and digital asset custodian <\/a>has teamed up with Securrency, a fintech business, to offer institutional-grade blockchain solutions to banking clients.<\/h5>\n\n\n\n
\"Securrency<\/figure><\/div>\n\n\n\n

GK8's enterprise-grade custody solutions will be made available to Securrency's clients as the fintech firm continues to build its tokenization infrastructure.<\/p>\n\n\n\n

The main goal of Securrency is to tokenize real-world assets like stocks\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, commodities, and other securities.<\/p>\n\n\n\n

GK8 is the “most secure custodial system in the market,” according to Dan Doney, co-founder and CEO of Securrency.<\/p>\n\n\n\n

\u201cGK8\u2019s design provides all-around protection and functionality for enterprise-grade clients. By adding the GK8 custodial solution to our network, we can now make sure that our customers\u2019 assets are protected to the highest standards.\u201d<\/p><\/blockquote>\n\n\n\n

State Street, U.S. Bank, WisdomTree, and Abu Dhabi Catalyst Partners are all backing Securrency, indicating that institutional investors are taking a closer look at security tokenization.<\/p>\n\n\n\n

Tokenization is the process of converting physical objects into digital assets using blockchain technology. Asset tokenization is thought to have significant ramifications <\/a>for existing financial organizations. As explained in Cointelegraph's Expert Take series:<\/p>\n\n\n\n

\u201cTokenization\u201d means that cryptographic keys control account management and asset claims, as opposed to a system operator called a bank controlling account and asset management.<\/p>\n\n\n\n

Though tokenization provides divisibility, fungibility, and disintermediated business processes, such as asset transfer, it is more than just account management and claims to an asset.\u201d<\/p>\n\n\n\n

Tokenized security offerings are already available on major cry<\/a>ptocurrency exchanges like Binance and FTX. The daily volume of tokenized shares of Apple, Tesla, and GameStop on these platforms exceeds $1 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

GK8, a cybersecurity and digital asset custodian has teamed up with Securrency, a fintech business, to offer institutional-grade blockchain solutions to banking clients. GK8’s enterprise-grade custody solutions will be made available to Securrency’s clients as the fintech firm continues to build its tokenization infrastructure. The main goal of Securrency is to tokenize real-world assets like […]<\/p>\n","protected":false},"author":12,"featured_media":7122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[130,26],"tags":[202,1952,1951],"class_list":["post-7121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-cryptocurrencies","tag-blockchain","tag-gk8","tag-securrency"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/08\/Securrency-partners-with-GK8-for-custody-and-institutional-blockchain-infrastructure.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/7121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=7121"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/7121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/7122"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=7121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=7121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=7121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}