GSR

CAP Labs is a technology company specializing in the development of stablecoins, a type of cryptocurrency designed to maintain a stable value. The company's platform enables the creation of various denominations of redeemable stablecoins, which are backed by reserves to ensure their value remains stable. CAP Labs also offers a decentralized finance (DeFi) protocol that generates high and sustainable yields through these stablecoins, providing users with access to profitable yield options not typically available in traditional finance.

Ordzaar operates a decentralized marketplace for cryptocurrency traders, specifically focused on buying, selling, and exchanging ordinals. It specializes in assigning unique serial numbers to individual satoshis, enabling users to attach additional data and track transactions more effectively.

Mezo is a bitcoin economic layer network that provides fast and cheap bitcoin transactions to hold tokens while earning yield.

Midas is a cryptocurrency application that enables users to sell and invest in various cryptocurrencies and tokens. In addition to facilitating transactions, Midas has developed a tokenization protocol platform that allows for the tokenization of real-world assets. This platform issues tokenized assets as permissionless tokens, which are securely held in segregated accounts managed by institutional custodians. By ensuring transparency in settlement processes, Midas supports lending and borrowing activities on decentralized finance (DeFi) money markets, enhancing the accessibility and functionality of digital assets for its customers.

D2X Group operates a pan-European digital derivatives exchange designed to facilitate institutional adoption of cryptocurrencies. Based in the Netherlands under an MTF license (MiFID II), D2X offers cash-settled Bitcoin and Ethereum futures and options, available 7 days a week. The company's platform features a unique post-trade model that provides a robust and capital-efficient alternative to central clearing. With backing from strategic investors such as Point72, Flow Traders, and GSR, D2X aims to bridge the gap between digital assets and financial institutions by enabling clean exposure to the asset class while mitigating operational and regulatory risks.

Cube Group is a hybrid CEX-DEX digital asset marketplace that addresses the challenges of traditional centralized exchanges and decentralized finance platforms. The company provides a user-centric design, radical transparency, safety, and liquidity, with features like multi-party compute, on-chain settlement, proof-of-reserves, and multi-chain support. Its vaults represent users' balances on their respective layer-one blockchains, offering transparent liquidation standards and criteria for derivatives and margin trading. The platform also standardizes market data and order sessions, allowing seamless onboarding for market participants through web interfaces for trading.

MYX is a decentralized derivative exchange that "uses intelligent rates and exposure hedging mechanisms to ensure protocol stability and provide sustainable high returns" through a peer-to-pool-to-peer paradigm.

EDX Markets operates as a digital asset marketplace. It caters to the needs of both crypto-native firms and large financial institutions. The company trades in various cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. EDX Markets combines innovative technology with financial services to enable safe and compliant trading of digital assets. It also provides trading resources and a UAT Environment for its users. The company is also known for its focus on hiring crypto talent, as stated by its CEO, Jamil Nazarali.

BoomFi is a developer of a crypto payments platform designed to facilitate seamless transactions for businesses looking to accept, send, and convert cryptocurrency. The company aims to simplify the complexities associated with various chains and payment methods, making crypto payments as straightforward as traditional card transactions. Its platform includes features such as payment links, subscriptions, checkout options, and invoicing capabilities, catering to businesses of all sizes. By providing tailored solutions, insightful data for optimizing payment performance, and expert guidance, BoomFi seeks to enhance the user experience in the evolving landscape of digital payments, ultimately striving to make cryptocurrency accessible and effortless for everyday users.

PolySign is a provider of advanced infrastructure solutions designed for financial institutions to manage and leverage digital assets effectively. The company operates an institutional-grade asset custody platform that facilitates the trading of various digital assets, offering robust custodial and infrastructure support. Its platform is tailored to meet the needs of asset managers and exchanges, ensuring secure and accessible facilities that accommodate global and multi-currency transactions. By integrating with existing financial organizations and adhering to stringent regulatory standards, PolySign aims to enhance the operational capabilities of its clients in the digital asset space.

Onomy Protocol is a multi-chain platform that combines Forex and Decentralized Finance. It is a complete ecosystem that includes Arc Bridge Hub, Access Mobile Wallet, and the Onomy Exchange. The company was founded in 2022 in Casper, Wyoming.

Volare Finance specializes in decentralized finance, offering innovative trading tools specifically designed for exotic options. The company's platform enables users to engage in transparent and trustless option trading without the need for intermediaries. By providing a decentralized mechanism, Volare Finance allows investors to create standard or customized option strategy portfolios, facilitating hedging, speculation, and yield enhancement. This approach effectively addresses credit risk issues commonly associated with options trading, making it a valuable resource for investors seeking to navigate the complexities of the options market.

Jasmine Energy develops an AI-powered platform designed to automate back-office operations for solar developers and operators. The platform uses artificial intelligence to read facts about solar generators from unstructured data such as PDFs and populate information on government or regulator websites, while also enabling users to track prices, verify renewable energy generators, and buy and sell Energy Attribute Certificates. By facilitating data extraction and regulatory entry, the solution supports investors in diversifying their portfolios with sustainable assets that align with investment strategies.

Contango is a decentralized protocol that focuses on providing perpetual futures atop money markets. It operates a decentralized exchange designed to facilitate expirable futures without the need for order books or liquidity pools. By leveraging existing decentralized finance (DeFi) protocols, Contango enables fixed-rate lending and borrowing. The platform also supports physical delivery and minimizes price impact for larger trades, allowing traders to effectively hedge their positions and manage their costs. Through these innovations, Contango aims to enhance trading efficiency and accessibility within the decentralized finance ecosystem.

Hashflow is a decentralized exchange (DEX) aggregator that allows users to trade digital assets seamlessly across multiple leading blockchains, including Ethereum, Arbitrum, Avalanche, BNB Chain, Optimism, Polygon, and Solana. Launched in April 2021, Hashflow employs an intent-based smart order routing system to ensure traders receive optimal prices, drawing from over $8 billion in liquidity and enabling the trading of any token. The platform has successfully facilitated over $18 billion in total trade volume. Hashflow's team comprises experienced professionals from renowned companies in both web2 and web3 sectors, bringing expertise from organizations such as Airbnb, Amazon, Goldman Sachs, and Google. The company is supported by notable investors, including Dragonfly Capital, Electric Capital, and Coinbase Ventures, among others. Hashflow aims to enhance the trading experience by combining centralized order-matching and trade execution with decentralized custody, thereby offering users non-custodial trading options.

CLST is focused on creating an institutional gateway aimed at facilitating the lending and borrowing of digital assets, particularly stablecoins. The company seeks to establish a global network of institutional borrowers and lenders, effectively positioning itself as a key player in the short-term digital assets debt market, referred to as the New Money market. With a commitment to bridging traditional finance and crypto-native institutions, CLST facilitates institutional adoption of digital assets. Its platform enables the creation of markets for uncollateralized lending, allowing for bilateral price negotiation and settlement between institutional users. This initiative aims to enhance the efficiency of short-term debt markets for crypto assets and stablecoins, catering specifically to the growing needs of institutional participants.

SithSwap is a company that operates an advanced Automated Market Maker (AMM) on the StarkNet platform. It specializes in providing instant swaps for both volatile and stable assets with minimal slippage and near-zero fees. The company's services are designed to offer trading pairs similar to Uniswap V2, with configurable trading fees and no administrative fees. Additionally, SithSwap incorporates built-in flash loan capabilities and leverages the full security of Ethereum, allowing traders to earn incentives for participating in governance decisions regarding future protocol emissions.

Vertex Protocol is a decentralized FX trading platform.

CoinRoutes is a provider of crypto trading software that specializes in algorithmic trading systems for cryptocurrency assets. The company's platform enables traders to have a comprehensive view of all cryptocurrency markets and liquidity providers, facilitating trades across multiple exchanges through a single transaction. CoinRoutes' system effectively filters out market noise, presenting an accurate representation of market conditions. This allows clients to maintain full control over their exchange keys and wallets while optimizing their trading strategies.

Wombat Exchange is a multi-chain stableswap platform native to BNB Chain. It enables efficient stablecoin swapping with minimal slippage and offers single-staking pools for optimal yield.

Dexalot is a company that operates a decentralized trading platform designed to offer a competitive alternative to centralized exchanges. Founded in 2021 and based in St. Petersburg, Florida, the platform utilizes a fully on-chain central limit order book to facilitate trades. By prioritizing speed with sub-second time to finality and ensuring full transparency, Dexalot aims to create an inclusive trading environment. The platform's low gas fees, which are less than a penny, allow users to maximize their returns while engaging in crypto trading.

VALR is a Johannesburg, South Africa-based digital asset platform and cryptocurrency exchange that enables customers to buy, sell, store, transfer, and protect a broad range of digital assets, with more than 50 cryptocurrencies and a digital wallet service. The platform emphasizes secure, multi-layer protection and aims to provide access to financial services at a fair and transparent price.

Colexion is a premium blockchain-based marketplace specializing in non-fungible tokens (NFTs) that allows users to discover, buy, sell, and trade exclusive digital collectibles featuring celebrities from various fields, including sports, entertainment, and art. The platform is curated by leading crypto artists, ensuring a high-quality selection of NFTs that appeal to collectors and enthusiasts alike. By focusing on the intersection of celebrity culture and digital ownership, Colexion provides a unique space for users to engage with and invest in the digital memorabilia of their favorite megastars.

SOMA.finance is a decentralized marketplace focused on digital assets, compliant digital securities, and NFTs. The company provides a multi-asset exchange and token issuance platform that allows users to trade and list a variety of crypto assets and tokenized equities. Its platform supports the listing of regulated crowdfunding and various offerings, ensuring compliance with securities laws and regulations. By incorporating features such as built-in KYC/AML processes and a permissionless regulated automated market maker, SOMA.finance aims to deliver the advantages of decentralized finance to both retail and institutional investors while maintaining adherence to legal standards.

Hubble Protocol is a decentralized financial platform that facilitates long-term borrowing, lending, and the creation of structured financial products. It aims to democratize access to decentralized finance by offering a range of sustainable financial services. The protocol's software supports multi-asset collateral and enables zero-interest borrowing, allowing users to leverage yield-bearing assets for loans. Additionally, Hubble enhances yield generation on deposits of various tokens, providing clients with optimized financial opportunities while minimizing costs associated with loans.

Friktion Labs is a decentralized finance (DeFi) company focused on portfolio management, equipped with a team of quantitative traders, researchers, and crypto engineers experienced in commodities, treasuries, and crypto-assets. The organization has assembled a team of derivatives traders and market makers with expertise from notable firms in the trading sector. Friktion offers an automated portfolio manager (APM) that allows users to input their existing portfolio details, including spot trading, perpetual contracts, and liquidity positions. This platform is designed to help investors maximize profits and monitor fluctuations across various market cycles, promoting sustainable and informed investing practices.

YuzuSwap is a decentralized exchange operating on the Oasis Emerald Protocol. It facilitates token swapping using an automated market-maker model, offering features such as buyback, extensibility, trade mining incentives, and a DAO vault.

Paradigm Connect, Inc. is a New York-based company founded in 2017 that specializes in creating an institutional-grade communications platform for over-the-counter (OTC) digital asset traders. The platform automates price negotiation and settlement workflows, addressing inefficiencies in traditional OTC trading processes. By leveraging artificial intelligence, Paradigm enhances the trading experience for professional traders and institutions, offering a zero-fee liquidity network that integrates both centralized and decentralized finance. This approach allows clients to access multi-asset, multi-protocol liquidity while significantly reducing trading costs through the elimination of fees. The company is supported by notable investors in the OTC market, reflecting its innovative vision to transform institutional trading practices.

Kibo Finance develops a borderless decentralized finance options trading platform that enables users to trade cryptocurrencies, gold, and stocks. The platform emphasizes a frictionless protocol, fair pricing, and enhanced rewards, targeting advanced options traders who want a single platform for all trading needs and seamless access to multiple asset classes.

Arrow Markets operates a decentralized financial market options protocol designed to democratize returns for option market makers. The company’s platform eliminates intermediaries in the traditional options trading process, including brokers and clearinghouses, thereby passing the resulting savings directly to users. By offering cash-settled options and streamlining the entire trading pipeline—from market making to clearing and settlement—Arrow Markets enables liquidity providers to mimic the hedging activities typically associated with traditional market makers. This innovative approach aims to enhance accessibility and efficiency within the options trading landscape.

Jet Protocol Holdings is a developer of a decentralized lending and borrowing platform that aims to reduce transaction costs and enhance efficiency in financial transactions. The company specializes in creating innovative loan products and facilitates cross-chain interest rate arbitrage, allowing users to streamline their borrowing and lending activities. Through its platform, Jet Protocol Holdings provides a borrowing agreement designed to simplify the complexities often associated with traditional financial systems, making it easier for users to engage in lending and borrowing transactions.

Beta Finance is a decentralized finance protocol specializing in lending, borrowing, and short-selling of crypto assets. It aims to mitigate crypto volatility and promote market stability through its user-friendly platform, enabling traders of all skill levels to manage their short positions effectively.

CoinList is a leading platform in the digital finance sector, focused on facilitating the launch and growth of innovative digital assets. The company provides a comprehensive token distribution service that connects blockchain projects with potential investors prior to their asset listings on other exchanges. CoinList supports various stages of crypto investment, including token sales, distribution, trading, lending, staking, and access to decentralized finance opportunities. Users can trade and store a wide range of cryptocurrencies, including Bitcoin and Ether, through its mobile app and website, CoinList.co. The platform caters to a diverse clientele, including validators, miners, founders, CEOs, and crypto enthusiasts, ensuring they have access to new tokens and crypto-specific services. CoinList's mission is to be the most trusted brand in digital finance while expanding access for early adopters and fostering innovation within the cryptocurrency ecosystem.

Lyra Finance operates a decentralized platform focused on trading cryptocurrency options and perpetual contracts. Built on Ethereum, Lyra Finance combines traditional options market-making principles with the advantages of the crypto space, such as scalability and composability. The protocol offers unique and programmable on-chain options and structured products, allowing users to buy and sell options that are priced using an innovative market-based, skew-adjusted pricing model. This approach enhances the accuracy of pricing in the options market, catering to the needs of traders in the evolving cryptocurrency landscape.

Founded in 2017 by an ex-Coinbase engineer, dYdX is a leading decentralized exchange offering Perpetual, Margin, and Spot trading on Ethereum. It combines the security of a decentralized exchange with the speed and usability of a centralized one.

GoQuant is a digital asset trading infrastructure provider, focused on delivering high-performance market data, trade execution, and portfolio & risk management systems to financial institutions.