SC Ventures

2026-06-09 21:01

GSR Receives FINRA Approval to Complete Broker-Dealer Acquisition, Accelerating Expansion of Institutional Crypto Business in the U.S.

According to The Block, crypto market maker GSR has received approval from the U.S. Financial Industry Regulatory Authority (FINRA) to formally complete its acquisition of Portland-based SEC-registered broker-dealer Equilibrium Capital Services, which has now been renamed GSR Securities. Xin Song, CEO of GSR, stated that this acquisition will strengthen its compliant broker-dealer platform in the U.S., with a focus on serving institutional clients. GSR previously disclosed plans to position its business as a “Web3 investment bank”; following the acquisition, it will further expand its tokenized financing services. Additionally, GSR has been highly active this year: in April, it launched the GSR Crypto Core3 ETF on Nasdaq; in March, it acquired token advisory firms Autonomous and Architech, and invested in Libeara—the tokenization platform under SC Ventures; last month, SC Ventures—the fintech investment arm of Standard Chartered Bank—became GSR’s first external shareholder and completed its investment.

Architech

Autonomous

based

Block

Equilibrium

GSR

2026-06-02 08:14

Keyrock to Acquire Bankrupt Crypto Lender BlockFills for $3.25 Million, Subject to Court Approval

According to CoinDesk, Belgian digital asset services firm Keyrock plans to acquire bankrupt crypto trading and lending company BlockFills for $3.25 million. Keyrock has already been designated the “successful bidder” by the court, and final approval of the deal is pending at a hearing scheduled for June 16, 2026. BlockFills filed for Chapter 11 bankruptcy protection in March this year under its parent company, Reliz Ltd., reporting liabilities between $100 million and $500 million, while holding assets valued at only $50 million to $100 million. This acquisition would grant Keyrock access to BlockFills’ institutional client network—including hedge funds, asset management firms, market makers, and mining companies—as well as its proprietary technology and intellectual property. BlockFills processed over $60 billion in trading volume in 2025 and served approximately 2,000 institutional clients. Keyrock previously completed its Series C funding round, led by SC Ventures, the investment arm of Standard Chartered Bank, achieving a valuation of $1.1 billion.

Acquire

BlockFills

CoinDesk

June

Keyrock

2026-05-05 13:14

Standard Chartered's venture arm, SC Ventures, invests in crypto market maker GSR at a valuation exceeding $1 billion

SC Ventures, the venture capital arm of Standard Chartered, has invested in GSR, a crypto trading and market-making firm, valuing it at over $1 billion in this round. Founded in 2013 by former Goldman Sachs traders, GSR is currently in talks with strategic investors for further financing, potentially raising up to $150 million to expand its business operations.This investment marks SC Ventures' first time becoming an external shareholder of GSR. The two parties plan to collaborate on integrating traditional finance with the crypto market and enhancing the accessibility of tokenized products. GSR's business encompasses crypto trading, market making, advisory services, asset management, and venture capital. (Bloomberg)

GSR

2026-05-05 08:37

Standard Chartered’s SC Ventures makes strategic investment in GSR, becoming its first external shareholder

This investment further strengthens the partnership established between the two companies last month. GSR previously invested in Libeara, a tokenization platform backed by SC Ventures, as a key move to expand its crypto capital markets business. Earlier this year, GSR also acquired Autonomous and Architech to broaden its token lifecycle management services. Recently, GSR launched its first fund—the GSR Crypto Core3 ETF—the industry’s first actively managed, multi-asset crypto fund to enable staking.