Standard Chartered's Fintech Arm Invests in Leading Crypto Market Maker

SC Ventures, the fintech arm of Standard Chartered, has made a significant investment in GSR, a leading crypto market maker. This move marks the first external strategic shareholder since GSR's inception in 2013.

The partnership builds on a prior collaboration between the two firms, which was formed last month through an investment by GSR in Libeara, a tokenization platform backed by SC Ventures. The tie-up aims to create a compliant and scalable digital asset market infrastructure for institutional clients.