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Standard Chartered's SCVentures Invests in Crypto Market Maker GSR, Valuing It Above $1 Billion

GateNews

According to Bloomberg, Standard Chartered’s venture arm SCVentures has invested in GSR, a crypto trading and market-making company, valuing it above $1 billion. GSR is currently in talks with strategic investors for an additional $150 million funding round to expand operations. The company, founded in 2013 by a former Goldman Sachs trader, operates across crypto trading, market-making, consulting, asset management, and venture investing.

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