GSR
New York · Growth–Late Stage · 13 people tracked
Investment thesis
GSR's crypto thesis centers on blockchain technology as a foundational innovation reshaping trust infrastructure, value exchange, and computational paradigms. The firm believes cryptocurrencies remain undervalued despite 2022's turmoil, driven by sentiment and macro factors rather than fundamental deterioration. GSR identifies key use cases including removal of intermediaries, democratization of value exchange, and new governance/ownership models. The firm emphasizes web3's potential as the next phase of the internet where users own digital assets, and sees the public computer (enabled by smart contracts) as a transformational computing paradigm. While acknowledging formidable challenges in regulation, security, UX, and utility, GSR views these as solvable and believes secular expansion trends in adoption, development, talent, and capital support long-term growth. The thesis projects that despite current headwinds, cryptocurrency will eventually achieve mainstream adoption as the technology matures.
Source: firm website, verified Jul 20, 2026.
Team · 13 people
from the firm's websiteChairman of GSR with a background as a commodities trader at Goldman Sachs in New York for 9 years. Since then has actively managed investments across technology, real estate, hospitality, and media sectors. Holds a degree in Economics from MIT.
CEO of GSR with over a decade of cryptocurrency experience. Previously served as Portfolio Manager at BlackRock managing a $5 billion European fund, Head of Product at fintech startup DealGlobe, and Co-Founder & CEO of crypto derivatives hedge fund Magpie Capital. Holds a BSc in Business Mathematics and Statistics from LSE, MBA from London Business School, and is a CFA charterholder.
Head of Business Development for EMEA at GSR leading European market development. Founded several ventures in financial services and digital asset sectors and served in advisory roles to institutions and leaders. Began career at UBS Investment Bank after graduating from University of St. Gallen.
Chief Revenue Officer at GSR with extensive background in equity derivatives. Previously held leadership roles at IMC Trading, Citi Bank, and Deutsche Bank, where he developed specialized expertise in equity derivatives markets.
Led GSR's research team for three years and has been featured in major publications including The Wall Street Journal, Bloomberg, and CoinDesk.
APAC General Manager at GSR based in Singapore. Began career at Morgan Stanley in Hong Kong as a structurer and later headed Fixed Income Solutions for Morgan Stanley Private Bank. Subsequently worked at Nomura Private Bank focusing on client solutions in public and private markets.
President of GSR with 18 years of experience in systematic investment management and business development. Previously served as Global CEO of GSR for over 2.5 years, Head of EMEA at Two Sigma Investments, and held leadership roles at Winton Capital Management and Barclays Global Investors. Graduated from Lund University with degrees in Economics.
Chief Investment Officer at GSR with over 20 years of experience in markets across major asset classes. Previously served as Senior Portfolio Manager at Mariner Investment Group running global derivatives relative value strategies and as Partner & Senior Portfolio Manager at BlueMountain Capital Management. Started career as derivatives quant at Goldman Sachs. Holds multiple degrees from MIT including Bachelor's degrees and a Master's in Artificial Intelligence & Finance, plus completed MIT Sloan Executive Program.
US Chief Strategy Officer at GSR who oversees strategic initiatives and institutional partnerships in the digital asset space.
Head of Venture Investment at GSR focusing on institutional access solutions and emerging digital asset opportunities.
Joined GSR from The Block where he served as Research Director leading consulting and bespoke research initiatives, with prior experience in management consulting and finance.
Chief Legal & Strategy Officer at GSR with prior experience as Assistant General Counsel at Circle focusing on product and regulatory matters. Previously advised global financial institutions on trading, clearing, and custody in securities, commodities, and derivatives. Holds a JD from Fordham Law and BA in international affairs from GWU.
Joined GSR from Messari where he focused on DeFi and alternative Layer 1 analysis, with prior data science experience at IBM.
What they invest in
from 10 of 29 portfolio companiesEnterprise Software ×5AI & Machine Learning ×4Fintech ×4Creator Economy ×3SaaS ×3Crypto & Web3 ×2Social ×2Cloud Computing ×1
HQs:United States×4
Investments · 29 tracked
founders shown can be your intro pathCryptocurrency trading platform for Bitcoin, ETH, SOL and other digital assets
Bron is an AI-powered sports trading assistant that analyzes statistics, compares odds across sportsbooks, and identifies betting opportunities in real time. It serves sports bettors with predictive models, matchup analysis, and prediction market integration.
AI & Machine LearningData & InfrastructureEnterprise SoftwareSports TechSan Francisco, US
Token discovery and launch platform connecting new tokens with early investors
Global fiber network providing high-performance connectivity for distributed systems and blockchains
Institutional cryptocurrency markets infrastructure
Asset staking platform providing automated rewards optimization
Ferrum Health develops AI accountability solutions, though the specific products and customer base are not detailed on the company page.
AI & Machine LearningDigital HealthEnterprise Software
Privacy-enhancing technology using fully homomorphic encryption for end-to-end encryption on blockchain
Glider is a Colorado-based nonprofit organization that produces and hosts community events including TEDxBoulder, Ignite Boulder, and Boulder Startup Week. The organization focuses on fostering meaningful connections and inclusive community experiences that educate and inspire participants across the Boulder ecosystem.
FintechSaaSSocialPortland, US
Andrew Hyde(Executive Director)
Glider helps businesses manage their contract workflows and reduce administrative overhead so teams can focus on core operations rather than manual contract handling. The platform serves organizations of all sizes across various industries.
Enterprise SoftwareFuture of WorkPortland, US
Henry Liu(Founder)inBrandon Paton(Founder)inJohn Marbach(Founder)in
Digital content distribution platform
Decentralized GPU compute network providing accessible and scalable AI services
Blockchain confidentiality layer empowering smart contracts with privacy capabilities
Polygon-based protocol incubated by GSR.
Digital asset staking and rewards technology for companies and end users
Digital content distribution platform
M10 provides a cloud-based platform for the tokenization of regulated financial liabilities, enabling instant settlement and programmable payments across multiple financial institutions. The platform serves banks and central banks seeking to modernize payment infrastructure and issue digital currencies.
Cloud ComputingCrypto & Web3Fintech
Lending platform for the digital asset economy
NASDAQ-listed company making Litecoin its institutional treasury asset with GSR as strategic advisor and digital asset manager.
MeshMap provides 3D mapping and spatial content creation tools for extended reality (VR, AR, and MR) experiences. The company offers a Unity SDK and creator platform to help developers design location-based AR applications and distribute them across supported head-mounted displays.
Creator EconomyDeveloper ToolsGaming
Noise is a community-curated media platform that aggregates and showcases trending topics, cultural phenomena, and emerging interest areas across entertainment, technology, finance, and lifestyle domains.
Creator EconomyMedia & EntertainmentSocial
Decentralized AI operating system and Layer 1 blockchain ecosystem
Saga builds AI agents that enable creators, studios, and brands to deploy persistent character personalities across social platforms and messaging environments. These agents maintain identity and memory while engaging audiences and extending the lifespan of digital IP beyond traditional confined formats.
AI & Machine LearningCreator EconomySaaS
High-performance parallel blockchain technology
AI platform building community-owned and community-aligned artificial intelligence systems
Solidus Labs provides compliance and market monitoring software for cryptocurrency and traditional finance. The platform monitors market events and detects risk typologies across 150+ markets for retail and institutional entities.
Crypto & Web3CybersecurityEnterprise SoftwareFintech
Goldman Sachs veterans
Decentralized internet protocol designed to onboard hundreds of millions of users on-chain
TrueNorth operates a digital loadboard and AI-powered freight matching platform that connects brokers with vetted carriers. The platform automates load matching for brokers and dispatching for carriers, using machine learning to improve matches over time.
AI & Machine LearningEnterprise SoftwareFintechLogistics & Supply ChainSaaSSan Francisco, US
Frequently asked questions
- What stage does GSR invest at?
- GSR invests at the Growth, Late Stage stages.
- What sectors does GSR focus on?
- GSR focuses on Crypto & Web3.
- Where is GSR located?
- GSR is headquartered in New York, US.
- Does GSR lead rounds?
- Yes, GSR leads investment rounds.
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