GK8 Announced Partnership With Stellar
Blockchain cybersecurity company GK8 announced that integration with Stellar will allow GK8’s customers to get access to XLM investments in a custodian facility, and GK8’s infrastructure eliminates the risk of cyberattacks and enables scalable high-frequency transactions.
GK8 co-founder and CEO Lior Lamesh said the partnership will enable XLM institutional investors to generate new revenue streams, digitize assets, trade and convert currencies as they ship.
Stellar operates as a blockchain-based payment network that originally split from the XRP protocol in 2014.
XLM has a total market capitalization of $9.8 billion, which puts it in 22nd place among active crypto projects. According to CoinMarketCap, the token has grown by 23% over the week.