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GSR MARKETS PTE. LTD.
UEN:201940723H
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GSR MARKETS PTE. LTD. has a TrustScore of 51. Our system is actively collecting and analyzing information about this business. Additional data points are being verified and processed.
Our preliminary analysis has revealed key insights about GSR MARKETS PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Has been operational for several years
Official business profile found on major search engines
Collectively, these activities will support the continued expansion of the Cardano ecosystem and also further raise the visibility of Cardano as a blockchain platform to onboard more developers, businesses, users, and other stakeholders. It is noted that GSR’s Singapore subsidiary, GSR Markets Pte. Ltd. (GSR Singapore), has also received a Digital Payment Token Service license, the first awarded from the Monetary Authority of Singapore (MAS) to a digital asset market maker. “EMURGO is excited to work with GSR and utilize its established track record as one of the largest market makers in the crypto space to support the growing Cardano ecosystem, “GSR’s wealth of experience, expertise, and deep resources will enable Cardano builders and projects to develop and scale their Web3 products to potential Web3 users while fostering an even more robust Cardano ecosystem moving forward,” said Ken Kodama, Chief Executive Officer of EMURGO.
7 May 2024
GSR, the global cryptocurrency trading firm and liquidity provider, today announced that its Singapore subsidiary, GSR Markets Pte. Ltd. (GSR Singapore) has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS). This milestone follows GSR receiving the in-principle approval for a MPI licence from MAS in September 2023. This licence brings the existing spot OTC, market making and programmatic execution services that the firm offers to clients in the region under the framework of Singapore’s Payment Services Act. "We are proud to receive the MPI licence from MAS, a regulator that promotes sustainable non-inflationary economic growth, and a sound and progressive financial centre," said Jakob Palmstierna, GSR Group CEO.
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Other financial service activities, except insurance and pension funding activities n.e.c.
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