The transaction is intended to expand GSR’s US services and develop additional regulated capabilities for institutions.
Crypto’s markets maker GSR has executed a purchase agreement to acquire asset management firm Equilibrium Capital Services, LLC. The transaction is subject to customary closing conditions and regulatory approvals. GSR has long been committed to building in the United States - GSR's Xin Song Portland-based Equilibrium Capital Services, LLC is an SEC-registered broker-dealer and member of Financial Industry Regulatory Authority (Finra). Xin Song, CEO of GSR, said that ‘GSR h