Standard Chartered's venture capital division invests in cryptocurrency company GSR at a $1 billion valuation

robot
Abstract generation in progress

BlockBeats News, May 5th, according to Bloomberg, Standard Chartered’s fintech investment arm SC Ventures has made a strategic investment in crypto market maker GSR, becoming the company’s first external strategic shareholder since its founding in 2013. This deal values GSR at $1 billion.

The partnership was officially announced on May 5th, 2026. SC Ventures stated that this investment aims to deepen cooperation between the two parties in tokenized assets and institutional-grade digital asset infrastructure. GSR CEO Song Xin pointed out that the institutional digital asset market is rapidly maturing, and this collaboration will combine Standard Chartered’s capital markets expertise with GSR’s experience in crypto liquidity management, focusing on tokenization scenarios.

It is reported that this equity investment builds on previous cooperation. Last month, GSR led an investment in Libeara, a tokenization platform launched by SC Ventures. SC Ventures CEO Alex Manson emphasized that as the digital asset market evolves, building compliant and scalable liquidity infrastructure has become a key focus for traditional financial institutions.

Recently, Standard Chartered has been active in the digital asset field. In addition to investing in GSR, SC Ventures previously participated in an investment in another crypto market maker, Keyrock, and plans to launch a digital asset fund with a scale of $250 million.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin