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Crypto market maker GSR announces it has received approval from the U.S. Financial Industry Regulatory Authority (FINRA) to complete the acquisition of SEC-registered broker-dealer Equilibrium Capital Services. The firm has now rebranded as GSR Securities. GSR stated that this move will strengthen its U.S. institutional business footprint and help expand into tokenization, capital raising, and other services. GSR previously expressed its goal of building an "investment bank" focused on the Web3 industry. (The Block)