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Home›Crypto›Altcoins›GSR launches vault business backed by its own capital…

GSR launches vault business backed by its own capital bet

Reported · Written up by our desk · Altcoins

CoinDesk reports that crypto trading firm GSR is launching a new vault business that uses the company’s own capital to build stablecoin and tokenized gold vaults.

The summary says the effort reflects a $100M bet tied to the growth of institutional finance moving onchain.

Latest closeGold $4,150.40 ▼0.3%

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Sources

CoinDeskCrypto trading giant GSR's new vault business is a $100M bet on onchain credit

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