What to Know
- GK8 adds secure Solana DeFi access for institutions.
- Follows Galaxy’s and 21Shares Solana ETF filing, signaling rising institutional interest.
- No third-party tools are needed thanks to GK8’s high-speed, compliant wallet infra.
Galaxy’s GK8 gives Solana a new DeFi gateway for institutions. Today, GK8 by Galaxy said in a press release that it will be expanding into the Solana ecosystem. The company now offers safe and policy-controlled access to Solana-based DeFi protocols, including Orca, Radium, and Jupiter.
“Crypto funds are diving deeper into DeFi—not just for yield, but as part of their core trading and investment operations,” said Lior Lamesh, Co-Founder and CEO of GK8 by Galaxy. “With Solana DeFi now available through GK8, our clients can act on new opportunities without compromising on usability, security, or compliance.” GK8 already supports other EVM-compatible chains, and with this new integration, financial institutions and crypto-native funds can interact with Solana’s high-speed, low-cost DeFi protocols directly from GK8’s infrastructure without compromising governance, security, or compliance.
Why Solana?
Solana is great for high-frequency trading, providing liquidity, and other financial tactics that need fast blockchain execution since it has very low transaction costs and very high throughput.
Solana has also been in charge of high-quality DeFi protocols for a while, which has made developers want to get more involved. As Solana’s native environment matures, institutional players are looking for ways to use the network without unnecessary risk or governance trade-offs.
What GK8 Offers
- Safe access with WalletConnect and MetaMask
- Governance-compliant transactions using its unique uMPC wallet framework
- Internal policy enforcement, role-based permissions, multi-step approvals
- High throughput, processing 7,500 signatures per second
GK8’s secure environment handles all Solana DeFi operations, removing the need for third-party wallets or infrastructure. This lets clients use DeFi protocols with full operational and security control.
Institutional Push from Galaxy
The announcement is part of a broader institutional strategy from Galaxy Digital. Earlier today, Galaxy and 21Shares filed with the SEC for a Solana-based spot ETF, a move that adds credibility to Solana’s status as a serious contender in the blockchain investment landscape.
Reports say that the 21Shares Core Solana ETF that is being designed would keep the underlying asset safe while keeping an eye on the price of SOL. This is another big step forward for Solana as it gets closer to being used by institutions and joins Bitcoin and Ethereum in ETF filings.
Built for Institutions
OTC desks, hedge funds, asset managers, and regulated banks all around the world already trust GK8’s products. Thanks to its new Solana integration, these organizations can now use the most advanced DeFi protocols without losing control of their assets. They can also save time by not having to use multiple tools on different chains and making sure they follow all of their own rules and procedures.
Institutions can also take advantage of multi-chain DeFi potential without making their operations less efficient by spreading their exposure beyond Ethereum.
What’s Next?
This integration makes it possible for other fast blockchains to be added to GK8’s safe access layer. As more funds and institutions look for options outside of Ethereum, platforms like Solana, which have been shown to be scalable and cost-effective, will likely see more inflows and protocols being developed on them.
GK8 is expected to keep adding connections to more ecosystems and improving its custody services. In later updates, there may be more NFT support, better analytics tools for tracking compliance, and integrations with newer Solana protocols.
Meanwhile, the industry awaits the SEC’s response to the Galaxy-21Shares Solana ETF filing. A green light could further validate Solana’s place among the top-tier blockchain investment options.
Also Read: Solana Price To Defend These Support Amid Market Correction
