GSR

What is GSR?

GSR is one of the world's leading institutional cryptocurrency capital markets firms, with over 12 years of expertise in digital asset markets. The firm serves as 'Crypto's Capital Markets Partner,' helping founders and institutions scale confidently in digital assets. GSR is an institutional market maker, OTC desk, venture investor, and asset manager — NOT a retail prop firm offering evaluation challenges. The firm has 1,000+ clients, $1T+ traded volume, 60+ exchange integrations, and 250+ assets supported, with regulatory licenses in the US, UK, Singapore, and Switzerland.

Is GSR a prop trading firm?

GSR is an institutional proprietary trading and market making firm, but NOT a retail prop firm. It does NOT offer evaluation challenges, funded accounts, profit splits, or account sizes to individual retail traders. Instead, GSR provides market making, OTC trading, advisory, venture investment, and asset management services to institutional clients including token issuers, exchanges, financial institutions, payment companies, and asset managers. If you're an individual trader looking for a funded account, GSR is not the right fit.

What services does GSR offer?

GSR offers four business lines: (1) Advisory — supporting early-stage projects entering crypto, including Digital Asset Advisory and Autonomous; (2) Markets — market making and OTC trading with Systematic OTC, High-Touch OTC, Market Making, and Treasury Solutions; (3) Venture — investing in early-stage companies with 13 years of experience; (4) Asset Management — ETFs and hedge fund strategies, including the GSR Crypto Core3 ETF (ticker: BESO).

What is GSR's Systematic OTC?

GSR's Systematic OTC is an institutional-grade electronic trading platform across digital assets and fiat. It offers access to 200+ digital assets and 25+ fiat currencies, with seamless crypto-to-crypto, crypto-to-fiat, and fiat-to-fiat trading. Features include smart routing to minimize market impact, API and UI access with fast settlement and deep liquidity, and trade sizes up to $100M+.

What is GSR's High-Touch OTC?

GSR's High-Touch OTC provides bespoke bilateral trading and execution for large or complex trades with white-glove service. It includes dedicated coverage and execution specialists, discreet block trading with minimal slippage, custom trade structuring across spot and derivatives (including exotics), and access to GSR's global 24/7 liquidity network. This service is designed for institutional traders with complex or large-scale execution needs.

What is GSR's Market Making service?

GSR's Market Making provides liquidity solutions designed to support healthy, organic, scalable markets. The firm is active on 60+ exchanges (both CEX and DEX), offering tight spreads, deep order books, and guaranteed high uptime. GSR provides custom KPI tracking (spread, depth, volume, market share, uptime, volatility), fully automated reporting and performance analytics, and has proven experience across both early-stage and established tokens.

What are GSR's Treasury Solutions?

GSR's Treasury Solutions provide strategic capital management for crypto-native Foundations, Digital Asset Treasuries, and similar organizations. Services include treasury diversification and risk management, yield generation and hedging strategies, liquidity planning around token unlocks and emissions, and structured solutions tailored to project objectives. This helps crypto projects manage their treasury assets professionally.

Who does GSR partner with?

GSR partners with five types of clients: (1) Token Issuers — supporting from launch through growth with liquidity, market strategy, and capital; (2) Exchanges — enhancing liquidity, improving market quality, driving sustainable trading; (3) Financial Institutions — tailored liquidity solutions, execution expertise, market infrastructure; (4) Payment Companies — seamless liquidity, efficient on/off-ramps, scalable solutions; (5) Asset Managers — execution, liquidity, and market insight for digital asset strategies at scale.

Is GSR regulated?

Yes. GSR is a trusted regulated counterparty with licenses and authorizations in four jurisdictions: the United States, United Kingdom, Singapore, and Switzerland. The firm's balance sheet is one of the most robust in crypto, audited by BDO. GSR's 12-year reputation and regulatory standing make it one of the most trusted counterparties in digital asset markets. Note that certain offerings may have restrictions for US entities and UK retail persons.

What is the GSR Crypto Core3 ETF (BESO)?

The GSR Crypto Core3 ETF (ticker: BESO) is GSR's regulated exchange-traded fund product, available at gsretps.io/etf/beso. It represents GSR's expansion into regulated asset management, offering investors exposure to a core crypto portfolio through a traditional ETF wrapper. The fund is part of GSR's Asset Management business line, which also includes hedge fund strategies.

What is the Autonomous and Architech acquisition?

In 2026, GSR announced the $57 million acquisition of Autonomous and Architech, launching an integrated capital markets and treasury platform for crypto. Autonomous continues to operate under its existing brand within the GSR group, providing launch operations, operational support, and financial infrastructure for tokenized organizations. Architech forms the foundation of GSR Digital Asset Advisory, working alongside GSR's institutional trading, liquidity, and asset management capabilities.

What is GSR's TP ICAP partnership?

GSR began providing liquidity on TP ICAP's Fusion Digital Assets platform as one of the first firms to execute trades under the matched principal model. This partnership represents a significant development in institutional digital asset trading, combining GSR's liquidity provision expertise with TP ICAP's institutional infrastructure. The collaboration is redefining institutional digital asset trading by bringing traditional finance standards to crypto markets.

What is GSR Ventures?

GSR Ventures is the firm's venture investment arm, investing in early-stage companies with capital and 13 years of experience in digital asset markets. GSR invests early and stays involved, backing visionary teams with capital, market expertise, and a full stack of support to help them scale smarter. The venture portfolio can be viewed at gsr.io/portfolio.

How large are GSR's OTC trades?

GSR's Systematic OTC supports trade sizes up to $100M+, making it suitable for large institutional trades. The High-Touch OTC service handles bespoke bilateral trading for large or complex trades with dedicated execution specialists. With $1T+ in total traded volume and 1,000+ clients, GSR has the scale and liquidity to handle institutional-size trades across 200+ digital assets and 25+ fiat currencies.

How long has GSR been in business?

GSR has over 12 years of expertise in digital asset markets, making it one of the most established firms in the cryptocurrency industry. The firm has built a reputation on experience, with $1T+ in traded volume, 1,000+ clients, 60+ exchange integrations, and 250+ assets supported. GSR's 12-year track record and regulatory standing make it one of the most trusted institutional counterparties in crypto.