Crypto trading firm GSR is committing $100 million, mostly through a credit facility, to Hare, a new business building and managing onchain vaults with Turtle. According to CoinDesk, Hare will launch Aave-powered vaults for major dollar stablecoins and Paxos’ tokenized gold products, with GSR providing anchor liquidity as institutional demand for yield strategies grows.
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GSR commits $100 million to Hare onchain vault business
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