GSR

GSR has nine years of deep crypto market expertise as a market maker, ecosystem partner and active, multi-stage investor. GSR sources and provides spot and non-linear liquidity in digital assets for token issuers, institutional investors, miners, and leading cryptocurrency exchanges. GSR employs over 300 people around the globe, and its trading technology is connected to 60 trading venues, including the world's leading DEXs. We have a culture of approaching complex problems with tenacity and imagination. We build long-term relationships by offering exceptional service, expertise and trading capabilities tailored to the specific needs of our clients.

Quynh Ho

VP, M&A and Investments

Rich Rosenblum

Co-Founder

Past deals in Smart Contracts

FLock.io

Venture Round in 2024
FLock enables decentralised and privacy-preserving machine learning, coordinated by smart contracts We work to make user data collection obsolete, and widespread governance participation guaranteed by code we propose to use distributed ledger technology (DLT) to achieve FLock, a secure and reliable decentralized {F}ederated {L}earning system built on B{lock}chain. Or, in plain words, we build TensorFlow Federated (TFF) for Web 3.0

Kernel

Venture Round in 2024
Kernel is leading the way in restaking on the BNB Chain, which is intended to speed up innovation and ecosystem expansion while offering decentralized shared security.

Ordzaar

Seed Round in 2024
Ordzaar is the operator of a decentralized Bitcoin marketplace where crypto traders can buy, sell, and exchange ordinals.

Mezo

Series A in 2024
Mezo is a bitcoin economic layer network that provides fast and cheap bitcoin transactions to hold tokens while earning yield.

Mitosis

Seed Round in 2024
Mitosis is a company focused on enhancing the decentralized finance (DeFi) landscape by developing a cross-chain liquidity protocol that promotes interoperability and improved composability. Through its innovative EOL L1 network, Mitosis redefines the liquidity provider (LP) experience and facilitates more efficient on-chain asset management. The company also offers a platform for liquid staking tokens, which allows users to seamlessly navigate the complex DeFi ecosystem, thereby simplifying interactions and enhancing the overall user experience in digital asset management.

Midas

Seed Round in 2024
Midas is a cryptocurrency application that enables users to buy, sell, and invest in various cryptocurrencies and tokens. Additionally, the company has developed a tokenization protocol platform aimed at converting real-world assets into tokenized formats. This platform allows for the issuance of permissionless tokens that are securely held in segregated accounts managed by institutional custodians. Midas emphasizes transparency in its operations, facilitating efficient settlement processes and enabling lending and borrowing activities on decentralized finance (DeFi) money markets.

ClearToken

Seed Round in 2024
ClearToken operates a financial platform designed to enhance operational efficiency within the digital asset ecosystem. Its clearing solution provides a neutral and secure settlement layer that facilitates straight-through processing and finality for digital asset transactions. By reducing counterparty risk, ClearToken aims to instill greater confidence among financial institutions, thereby encouraging wider institutional adoption of digital assets. The company's offerings are intended to support a more robust and reliable market for digital assets.

Taiko Labs

Series A in 2024
Taiko Labs is a cryptocurrency firm focused on developing a zero-knowledge Ethereum Virtual Machine (zkEVM) scaling solutions platform for the Ethereum Blockchain. The company aims to enhance Ethereum's scalability by closely emulating its functionalities, both technically and non-technically. Its platform supports all Ethereum Virtual Machine (EVM) opcodes within a decentralized, permissionless, and secure layer-2 architecture. This design enables Ethereum developers to efficiently run blockchain projects, thereby contributing to the overall growth and efficiency of the Ethereum ecosystem.

MYX

Seed Round in 2023
MYX is a decentralized derivative exchange that "uses intelligent rates and exposure hedging mechanisms to ensure protocol stability and provide sustainable high returns" through a peer-to-pool-to-peer paradigm.

Layer N

Seed Round in 2023
Layer N develops a hyper-performant rollup network designed to scale financial applications on Ethereum. It is composed of hyper-performant and customized modular rollups, with scalability, shared communication layers for unified liquidity, and supercharged APIs.

EDX Markets

Series A in 2023
EDX Markets operates as a digital asset marketplace. It caters to the needs of both crypto-native firms and large financial institutions. The company trades in various cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. EDX Markets combines innovative technology with financial services to enable safe and compliant trading of digital assets. It also provides trading resources and a UAT Environment for its users. The company is also known for its focus on hiring crypto talent, as stated by its CEO, Jamil Nazarali.

BoomFi

Seed Round in 2023
BoomFi is a developer of a crypto payments platform designed to facilitate the acceptance and processing of cryptocurrency transactions for businesses. By offering features such as payment links, subscriptions, checkout options, and invoicing capabilities, BoomFi aims to simplify the complexities associated with crypto payments. The platform seeks to make the experience of using cryptocurrency as straightforward as traditional card payments, thereby enhancing accessibility for everyday users. BoomFi also focuses on providing tailored solutions to meet client needs and delivers insightful data to optimize payment performance, all while guiding businesses through the evolving landscape of web 3. The company is dedicated to revolutionizing the future of payments by making crypto transactions effortless and widely accessible.

Aether Games

Seed Round in 2023
Aether Games is a game development studio focused on creating innovative experiences in the realm of non-fungible tokens (NFTs) and cryptocurrency. The studio is known for its anticipated NFT-based game titles, including "Gates of Ethernity" and "Cards of Ethernity." In addition to game development, Aether Games is expanding its creative portfolio with the CGI mini-series "Aether" and other projects. By combining game publishing and animation, the studio aims to provide engaging and visually appealing interactive experiences for gamers interested in the NFT landscape.

Calimero Network

Seed Round in 2023
Calimero Network is a blockchain infrastructure company established in 2022 and based in London. It specializes in providing a private blockchain network platform that enables clients to control their data securely. The platform is designed with privacy as a priority, offering features such as fully interoperable cross-contract calls and the ability to manage public assets. Additionally, it supports the bridging of fungible tokens (FTs) and non-fungible tokens (NFTs), while facilitating encrypted interactions with private shards. This comprehensive approach allows businesses to store, share, and protect their data effectively, ensuring user privacy throughout.

Volare Finance

Seed Round in 2022
Volare Finance specializes in decentralized finance, offering innovative trading tools specifically designed for exotic options. The company's platform enables users to engage in transparent and trustless option trading without the need for intermediaries. By providing a decentralized mechanism, Volare Finance allows investors to create standard or customized option strategy portfolios, facilitating hedging, speculation, and yield enhancement. This approach effectively addresses credit risk issues commonly associated with options trading, making it a valuable resource for investors seeking to navigate the complexities of the options market.

Stems Labs

Pre Seed Round in 2022
Stems Labs is a community and platform for collaborative creativity. Through web3 tools, it encourages artist and fan engagement. For example, a musician can share their music stems or a mix of drums, bass, guitar, and other individual musical tracks with the Stem community. Users can then remix the audio to create new music NFTs, with royalties paid to the original artists upon sale.

Krypton

Seed Round in 2022
Krypton maintains crypto currencies, as well as tracking and analyzing the portfolio.

MetaOne

Series A in 2022
MetaOne operates a platform focused on NFT asset management tailored for the gaming metaverse, facilitating the onboarding process and streamlining NFT transactions. The platform offers a unified interface that supports the transition from traditional gaming to blockchain technology, integrating into game architecture to gather essential data for guild analytics. It provides tools for guild management and asset management, allowing stakeholders to enhance revenue generation. Additionally, MetaOne has designed smart contracts that enable safe and transparent cross-chain investments. By delivering comprehensive gaming data analytics, the platform empowers a substantial gaming community and offers valuable insights for investors to make informed decisions.

Everlend

Seed Round in 2022
Everlend is a decentralized lending and borrowing aggregator based in Kyiv, Ukraine, founded in 2021. The platform focuses on optimizing user financial positions by offering the highest yield on deposits and the lowest interest rates on loans. To achieve this, Everlend employs automatic rebalancing and refinancing mechanisms that adapt to changing market conditions, ensuring that users receive optimal performance for their portfolios. This innovative approach allows customers to maximize their liquidity while minimizing borrowing costs.

Contango

Seed Round in 2022
Contango is a decentralized protocol that focuses on providing perpetual futures atop money markets. It operates a decentralized exchange designed to facilitate expirable futures without the need for order books or liquidity pools. By leveraging existing decentralized finance (DeFi) protocols, Contango enables fixed-rate lending and borrowing. The platform also supports physical delivery and minimizes price impact for larger trades, allowing traders to effectively hedge their positions and manage their costs. Through these innovations, Contango aims to enhance trading efficiency and accessibility within the decentralized finance ecosystem.

Hashflow

Series A in 2022
Hashflow is a decentralized exchange (DEX) aggregator that allows users to trade digital assets seamlessly across various leading blockchains, including Ethereum, Arbitrum, Avalanche, BNB Chain, Optimism, Polygon, and Solana. Utilizing an intent-based smart order routing system, Hashflow provides traders with optimal prices and access to over $8 billion in liquidity, facilitating trades of any token in a matter of seconds. Since its launch in April 2021, the platform has achieved more than $18 billion in total trade volume. The Hashflow team comprises seasoned professionals from diverse backgrounds, including technology, finance, and entertainment sectors. The company is supported by notable investors and venture capital firms, enhancing its position within the blockchain ecosystem. Hashflow aims to blend centralized order matching with decentralized custody and settlement solutions, offering users a hybrid trading experience that emphasizes non-custodial options.

CLST

Seed Round in 2022
CLST is focused on creating a global network that connects institutional borrowers and lenders in the short-term digital assets debt market, referred to as the New Money market. The company aims to serve as a gateway for uncollateralized lending, specifically targeting stablecoins and cryptocurrencies. By facilitating bilateral price negotiation and settlement, CLST's platform enables institutional adoption of digital assets, bridging the gap between traditional finance and crypto-native institutions. Through its innovative approach, CLST is positioned to enhance liquidity and market efficiency within the emerging landscape of digital asset finance.

peaq

Seed Round in 2022
peaq is a blockchain platform that aims to provide transaction infrastructure for a hyperconnected and decentralized world. It focuses on empowering individuals to own and earn from sectors such as mobility, energy, connectivity, and agriculture. The platform serves as a layer-1 blockchain, functioning as a foundational backbone for decentralized physical infrastructure networks (DePINs) and hosts over 25 applications across 11 industries. With more than 500,000 devices, vehicles, machines, and robots operating on its network, peaq facilitates a permissionless and borderless digital environment. By leveraging its hybrid blockchain technology, peaq enables clients to streamline operations, reduce costs, and explore new revenue opportunities while automating their processes to enhance security and efficiency.

MYSO Finance

Seed Round in 2022
MYSO Finance provides fully customizable on-chain covered calls and bespoke DeFi loans.

0x

Series B in 2022
0x is an open protocol that enables seamless peer-to-peer exchange of tokens on the Ethereum blockchain. It serves as a foundational standard for decentralized exchanges, promoting interoperability among various decentralized applications that feature exchange capabilities. By providing a common framework, 0x allows users to convert a wide range of assets into cryptographic tokens, facilitating efficient and decentralized trading.

Aligned

Seed Round in 2022
Aligned is a DeFi and Web3 infrastructure company.

Trident Labs

Seed Round in 2022
Trident Labs develops decentralized finance products on Ethereum and Solana. Our portfolio includes Magik, an investing and lending protocol built on Solana, and Zurge, a liquidity procurement tool deployed on Ethereum.

ICHI

Series A in 2022
ICHI is a Japan-based company that develops a stable currency and economic stimulus platform aimed at enhancing cryptocurrency projects. Its software allows for the creation and management of in-house, non-custodial tokens, which are designed to maintain price stability through the scarcity of member coins. This functionality supports cryptocurrency communities by enabling them to conduct transactions for goods and services, manage expenses and taxes, and gain exposure to U.S. dollars within decentralized finance (DeFi) applications. Through its innovative approach, ICHI seeks to empower users and foster sustainable economic ecosystems within the cryptocurrency landscape.

Spin

Seed Round in 2022
Spin, founded in June 2021, is a developer of a multichain decentralized exchange (DEX) platform focused on derivatives trading, specifically futures and options. Operating on the NEAR Protocol and Solana blockchains, Spin aims to deliver a user experience comparable to centralized exchanges by utilizing a central limit order book execution model combined with a liquidity pool. The platform offers traders advanced risk management and strategy-building tools, enhancing the efficiency and accessibility of trading for a wide range of users.

Infinity Force

Seed Round in 2022
Infinity Force is a platform designed for blockchain game players, enabling them to create new guilds, recruit members, and manage performance effectively. It offers a web3 transformation solution that focuses on financial tools tailored for the blockchain gaming industry. The platform facilitates the reconciliation of blockchain transactions, provides real-time reporting, and utilizes crypto invoices. Additionally, it automates accounts payable and receivable through cross-chain smart contracts. By leveraging these features, Infinity Force empowers businesses to build and manage their own guilds, enhancing their operational efficiency and helping them reach their full earning potential.

Hubble Protocol

Venture Round in 2022
Hubble Protocol is a decentralized financial platform that facilitates long-term borrowing, lending, and the creation of structured financial products. It aims to democratize access to decentralized finance by offering a range of sustainable financial services. The protocol's software supports multi-asset collateral and enables zero-interest borrowing, allowing users to leverage yield-bearing assets for loans. Additionally, Hubble enhances yield generation on deposits of various tokens, providing clients with optimized financial opportunities while minimizing costs associated with loans.

UBet Sports

Pre Seed Round in 2022
A DeFi based decentralized exchange for sports prediction market. We do not have a centralized bookie! Anyone can become a UBet bookie by participating in the liquidity provision. We enable unique participation of liquidity providers who drive the ecosystem, as opposed to a centralized Sportsbook trading team deciding what is and what isn't OK for you to bet on.

YuzuSwap

Seed Round in 2021
YuzuSwap is a decentralized exchange operating on the Oasis Emerald Protocol, designed to facilitate the discovery and swapping of tokens within the Oasis ecosystem. It employs a non-custodial, peer-to-peer, automated market-maker model, ensuring a secure and efficient trading environment. YuzuSwap offers various incentives, including liquidity and trade mining, to enhance user engagement. Key features of the platform include a buyback mechanism, limitless extensibility, and a fair launch, alongside a DAO vault, which collectively aim to promote sustainable trading practices. Through its innovative approach, YuzuSwap seeks to provide users with a low-cost and effective tool for token transactions.

Jet Protocol

Seed Round in 2021
Jet Protocol Holdings operates a decentralized lending and borrowing platform that aims to reduce transaction costs while enhancing efficiency. The platform specializes in innovative loan products and cross-chain interest rate arbitrage, allowing users to streamline their borrowing and lending transactions. By simplifying these processes, Jet Protocol facilitates more accessible and effective financial interactions in the decentralized finance space.

CoinList

Series A in 2021
CoinList is a leading platform in the digital finance sector, focused on facilitating the launch and growth of innovative digital assets. The company provides a comprehensive token distribution service that connects blockchain projects with potential investors prior to their asset listings on other exchanges. CoinList supports various stages of crypto investment, including token sales, distribution, trading, lending, staking, and access to decentralized finance opportunities. Users can trade and store a wide range of cryptocurrencies, including Bitcoin and Ether, through its mobile app and website, CoinList.co. The platform caters to a diverse clientele, including validators, miners, founders, CEOs, and crypto enthusiasts, ensuring they have access to new tokens and crypto-specific services. CoinList's mission is to be the most trusted brand in digital finance while expanding access for early adopters and fostering innovation within the cryptocurrency ecosystem.

Eden Network

Seed Round in 2021
Eden Network is a blockchain infrastructure company that focuses on enhancing transaction safety for traders and providing transaction priority for NFT minters. It develops a suite of Ethereum smart contracts that adhere to the principles of progressive decentralization, allowing token holders to participate in governance through private communication channels and decision-making processes. The company also offers essential liquid staking and validation infrastructure aimed at optimizing yield generation, increasing total value locked (TVL), and fostering overall network growth. By prioritizing both security and user governance, Eden Network seeks to create a more efficient and decentralized trading environment.

Visor Finance

Seed Round in 2021
Visor Finance operates a decentralized platform that focuses on active liquidity management within the decentralized finance sector. Its platform enables users to leverage smart vaults for liquidity mining and asset management across various decentralized finance protocols and exchanges. By facilitating the implementation of strategies for reinvesting fees and distributing protocol revenue, Visor Finance aims to help users maximize their returns while minimizing the risks associated with impermanent loss. This innovative approach positions Visor Finance as a key player in enhancing user engagement and profitability in the rapidly evolving DeFi landscape.

dYdX

Series B in 2021
dYdX is a decentralized exchange that provides traders with a secure and efficient platform for various financial activities. Established in 2017 by Antonio Juliano, a former engineer at Coinbase and Uber, dYdX operates on audited smart contracts on Ethereum, ensuring transparency and security without relying on a central authority. The platform offers a range of trading options, including perpetual, margin, and spot trading, along with borrowing and lending pools. Users can earn interest on deposits or take loans at nominal fees, enabling them to trade on margin with customized leverage. dYdX aims to create an open financial system, granting users access to vital financial tools while facilitating fully collateralized loans for short-selling.
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