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SC Ventures Takes First External Stake in GSR to Accelerate Institutional Crypto Infrastructure

The deal signals a bank push to build regulated tokenized markets.

Overview

  • GSR, which was founded in 2013, brought in SC Ventures as its first external strategic shareholder in a deal announced Tuesday.
  • Bloomberg reported the stake is about $150 million and values GSR at more than $1 billion.
  • The partners say they will build regulated market infrastructure for institutions, with tokenization as the starting point to turn securities into tradable digital tokens.
  • The tie-up follows GSR’s investment last month in Libeara, an SC Ventures‑backed platform that helps issuers create tokenized assets.
  • Standard Chartered is building a bank-led crypto stack with custody launched from Luxembourg, spot bitcoin and ether trading, ties to Zodia, and reported plans for a prime brokerage and a $250 million fund.