March 17 (Reuters) – Crypto trading firm and liquidity provider GSR is acquiring two digital asset advisory firms in a $57 million deal to become a “one stop shop” crypto capital markets partner, the company said on Tuesday.
The acquisition of the two companies – Autonomous and Architech – will help GSR create a crypto-native “investment bank” that can assist burgeoning crypto startups with fundraising, governance and long-term capital planning, said Josh Riezman, GSR’s chief legal and strategy officer.
Here are some details:
(Reporting by Hannah Lang in New York)
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