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Standard Chartered PLC’s venture capital division SC Ventures invested in GSR.
SC Ventures invested $150 million in GSR at a valuation exceeding $1 billion.
KEY POINTS
- This is GSR's first external equity investment since its founding in 2013.
- GSR and SC Ventures aim to develop scalable market infrastructure for regulated crypto services.
- Standard Chartered launched digital asset custody in Luxembourg and spot crypto trading for institutions.
COMPANIES
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