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GSR acquisition of a US brokerage firm to expand Compliance capabilities.
[Chain News] On October 2, according to official news, cryptocurrency capital market company GSR announced today that it has signed an acquisition protocol to acquire the broker-dealer Equilibrium Capital Services, LLC, which is registered with the SEC and regulated by FINRA. GSR stated that this acquisition aims to expand its service range in the United States and develop more compliance business capabilities for institutional clients to meet the rising institutional demand. The transaction is subject to customary closing conditions and regulatory approval.