GSR, the cryptocurrency trading and market-making firm founded in 2013, has committed $100 million to launch Hare, a new onchain vault business centered on credit. This capital injection serves as the anchor funding for the project, reflecting GSR’s decision to treat credit as a dedicated business line rather than a secondary experiment. In March 2026, GSR had already acquired Autonomous and Archetech for a combined $57 million, strengthening its capital markets platform. The group also secured registrations in the Cayman Islands and acquired a FINRA-registered broker-dealer to support its US operations. GSR has backed Libeara, a real-world asset infrastructure supporting over $1 billion in onchain asset origination.
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