The firm is putting its own capital into stablecoin and tokenized gold vaults as institutional finance moves further onchain. Crypto trading firm GSR is committing $100 million, mostly through a credit facility, to Hare, a new business creating and managing onchain vaults with the liquidity platform Turtle. Hare will initially offer Aave-powered vaults that allow investors to earn yield on major dollar stablecoins and Paxos’ tokenized gold products, with GSR providing anchor liquidity. The vent…
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