Galaxy Digital acquires GK8 from Celsius ... The news was confirmed by the official Twitter account of the Celsius Network.
There were weeks of .... Galaxy Digital has won the bid to acquire Celsius Network's crypto custody service provider GK8.
The deal is pending regulatory approval.. Celsius bought Israeli crypto custody company GK8 in October 2021 for $115 million — $100 million in cash, and the rest in their own CEL tokens..
Galaxy Digital is paying $44.1 million to buy Celsius Network's GK8 business — more than 60% lower than what the bankrupt crypto lender paid .... Celsius, a troubled cryptocurrency lending platform, withdrew a large chunk of MATIC and ADA held on GK8 ahead of the unit's sale to Galaxy ....