GK8 Celsius : Orrick Advises Galaxy in Successful Bid to Acquire Leading ...

23 Sep 2024 —

... GK8 Ltd in the Celsius Networks LLC bankruptcy. GK8, a Celsius subsidiary headquartered in Israel, is a leading technology provider of ....

Galaxy has been selected as the winning bidder for the GK8 platform in a sale process executed in connection with the divestment of Celsius Network assets.. Mike Novogratz's Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings.. Celsius Reaches $25 Million Settlement with Series B Holders for GK8 Sale Proceeds Allocation · The agreement between the Debtors, the Committee, ....

Celsius acquired GK8 in November 2021 for $115 million, as reported. Bloomberg reported earlier on the Galaxy-GK8 deal..