SC Ventures, a subsidiary of Standard Chartered, has made a strategic investment in crypto market maker GSR, The Block reported. The specific investment amount was not disclosed. As a result, SC Ventures has become the first strategic shareholder since GSR's establishment in 2013. Meanwhile, Standard Chartered is expanding its engagement with the cryptocurrency industry, including investments in Zodia Custody and digital asset service provider Keyrock, and is also pursuing the launch of a $250 million digital asset service fund through SC Ventures within the year.
