Crypto Trading Giant GSR Bets $100M on Onchain Credit With New Vault Business
Key Highlights Crypto market maker GSR has pledged a $100 million multi-year credit facility to launch Hare, an onchain credit initiative. Developed alongside liquidity distribution platform Turtle, Hare will build and manage curated onchain vaults using GSR’s capital as anchor liquidity. The move addresses growing demand for institutional yield and collateral management as tokenized funds, ...