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ToggleIntroduction to GSR Venture Capital
GSR is a digital asset investment and trading company established in 2013. Not just a venture capital fund, GSR also plays the role of a Market Maker and provides professional liquidity for Web3 projects, financial institutions, and crypto exchanges worldwide.
GSR is known for its comprehensive operating model, including:
- Market Making & Trading for over 60 large and small exchanges.
- OTC Trading with an automated order matching system, supporting over 200 tokens and 25 fiat currencies.
- Venture capital investments in projects from Seed to Series A/B stages.
- In-depth market research on derivatives, DeFi, AI.
With the mission to become "Crypto's Capital Markets Partner", GSR not only invests capital but also provides liquidity, advises on tokenomics structure, market launch strategies, and financial tools to help projects develop sustainably.
[The rest of the translation follows the same approach, maintaining the structure and translating all text while preserving any HTML tags]- Jakob is the most prominent public representative of GSR. Before joining GSR, he was a Director at Wintermute and worked for many years at Goldman Sachs.
- At GSR, he leads global strategic activities, builds OTC systems, and expands relationships with financial institutions.
Cristian Gil – Co-Founder
- Cristian is one of the official co-founders of GSR. Before entering the crypto field, he was a top derivative trader at Goldman Sachs, specializing in commodity and interest rate trading.
- With extensive experience in traditional financial markets, Cristian has helped establish GSR as one of the leading market makers in the industry.
Xin Song – CEO
- Song is the CEO of GSR, responsible for overseeing the company's entire operations and shaping its long-term growth strategy.
- He has a solid financial background, having held many leadership roles in traditional financial and fintech organizations.
Eva Sanchez – Chief Legal Officer
- Eva is in charge of GSR's entire legal and compliance department. She plays a crucial role in ensuring the company's operations comply with global regulations, especially as GSR expands its market in the UK, Hong Kong, and other major legal jurisdictions.
GSR's Notable Investment Deals
Overview of Portfolio & Investment Appetite
- GSR is a dynamic Venture Capital fund with over 184 investment deals, focusing on areas shaping the future of finance and technology.
- Average investment size: From 1 to 3 million USD per round.
- Primary investment country: United Kingdom.
- Legal headquarters: Hong Kong, indicating a connection between Asian and European markets.
GSR shows a diverse orientation but particularly focuses on AI, financial solutions, and stablecoins, demonstrating interest in the foundational blocks of Web3 and Fintech:
- 16.67% – Artificial Intelligence (AI)
- 16.67% – Portfolio Management
- 16.67% – Stablecoin Protocols
- 16.67% – Trading Strategies
- 11.11% – Real World Assets (RWA)
GSR clearly shows an investment appetite for early stages, with investment proportions in Seed + Pre-Seed reaching up to 55%, making GSR one of the few funds willing to accept high risks for potential long-term returns:
- 45% – Seed: GSR strongly focuses on projects in the seed stage, demonstrating a long-term vision and willingness to support startups from their first steps.
- 15% – Series A: Supporting projects with products that need capital for growth.
- 15% – Strategic: Participating in strategic rounds, acting as advisors, technical partners, or providing liquidity.
- 10% – Pre-Seed: Investing in projects at the initial idea stage.
- 10% – Post-IPO: GSR continues to participate in deals after projects are listed (token or shares), showing a flexible investment strategy without limitations.
All information about GSR's investment portfolio can be found here: https://www.gsr.io/portfolio
Some Achievements and Market Influences of GSR
Outstanding Achievements
- Pioneer in Crypto Market-Making (MM) since 2013: GSR was one of the first professional organizations to provide market-making and algorithmic trading services in the digital asset field, laying the foundation for liquidity on multiple exchanges from the early days.
- Providing liquidity for over 60 global crypto exchanges: GSR is currently a strategic liquidity partner for major exchanges like Binance, Coinbase, OKX, KuCoin, and has processed tens of billions of dollars in trading volume each month.
- Developing a large-scale automated OTC trading platform: In 2025, GSR launched an upgraded OTC system supporting over 200 tokens and 25 fiat currencies, allowing order matching up to 100 million USD, facilitating large institutional trades while maintaining stable prices.
- Publishing in-depth market research reports: GSR is one of the few venture capital funds with an independent research team specializing in crypto derivatives, DeFi, market structure, and emerging trends like AI + blockchain. GSR's reports are widely referenced by funds and projects in strategic planning.
Influence on Web3 Market
- Connecting Traditional Financial Markets and Web3: Leveraging extensive experience from Wall Street, the GSR team has played a crucial role in introducing traditional financial standards to the crypto field, from deal structures and legal frameworks to risk management strategies.
- Investing & providing liquidity for top projects: From Ethena, Sei, Morpho to Astar, GSR is not just an investor but also a strategic partner helping projects develop products, structure tokens, and maintain liquidity during listing.
- Recognized by Regulatory Institutions: GSR has offices and operating licenses in major legal jurisdictions, including the United Kingdom and Hong Kong, contributing to the legalization and professionalization of the digital asset market.
Summary
GSR is a comprehensive organization combining market-making, OTC trading, and venture capital, providing end-to-end support for crypto projects. From professional trading to early investment, GSR helps accelerate Web3 infrastructure development and aims towards a robust digital financial ecosystem.
