According to Mars Finance, market sources indicate that SC Ventures, the investment and fintech arm of Standard Chartered Bank, has made a strategic investment in crypto market maker GSR. This investment makes SC Ventures GSR's first external strategic shareholder since its founding in 2013. The investment amount has not yet been disclosed. The deal reportedly builds on a partnership established last month when GSR invested in Libera, a tokenization platform backed by SC Ventures, as part of its expansion into the crypto capital markets.
Standard Chartered's SC Ventures makes strategic investment in crypto market maker GSR
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