DeFi· ★★★· bullish·

Crypto trading giant GSR bets $100M on onchain credit with new vault business

  • —GSR committed $100 million of its own capital to the new vault business
  • —Funds are allocated to stablecoin and tokenized gold vault strategies
  • —The bet targets growth in onchain credit for institutional finance
Why it matters: A major trading firm is steering capital into onchain credit, reinforcing institutional demand for stablecoins and tokenized assets.
Source: CoinDesk
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