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SC Ventures Takes Strategic Stake in Crypto Market Maker GSR

SC Ventures Takes Strategic Stake in Crypto Market Maker GSR

Global Cryptocurrency
Release Time:
2026-05-05 14:13:02
0
BTCCSquare news:

Standard Chartered's innovation arm SC Ventures has acquired a strategic stake in GSR, marking the first external investment in the crypto market maker since its 2013 founding. The undisclosed deal accelerates the convergence of traditional finance and digital asset infrastructure.

"Institutional digital asset markets are maturing rapidly," said GSR CEO Xin Song. The partnership combines banking expertise with crypto-native market making capabilities, with tokenization positioned as a key growth area.

SC Ventures CEO Alex Manson emphasized infrastructure development, stating the investment aims to build ecosystems supporting deeper liquidity. The move follows GSR's recent investment in SC Ventures-backed tokenization platform Libeara.

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