GnosisDAO voted to spin off DAO treasury risk manager Karpatkey as an independent entity, which will now operate under its own management and utilize its own KPK governance token.

Karpatkey has been a part of GnosisDAO since 2021 and in this time it has successfully executed over 7000 DeFi transactions, managing more than $2.6 billion in treasuries without any losses or hacks, according to the DAO.

Karpatkey serves numerous high-profile clients in the crypto space, such as Aave, Uniswap, ENS, and MakerDAO, among others.

It provides a range of services, including treasury and risk management solutions, on-chain financial services, and support for DAO business development initiatives.

As an independent entity, Karpatkey plans to broaden its business beyond traditional Web3 services, …