GSR CEO: Exposure to Binance is less than 5% of net assets, with no material impact expected on daily operations.

57 minutes ago

Market maker GSR’s CEO Xin Song stated in a post that the firm is in contact with Binance to better understand the suspected security incident and evaluate areas where it can assist. GSR’s relevant exposure is limited to less than 5% of the company’s net assets, and the incident is not expected to cause material disruption to its daily operations.

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