TechFlow news: In response to a previous report by The Block citing sources claiming that GSR is undergoing downsizing, GSR co-founder Rich Rosenblum stated: "GSR is in good standing. We successfully navigated three turbulent bear markets without raising external capital. The company maintains a strong balance sheet. We remain consistently profitable regardless of market conditions and continue to grow our market share. It is irresponsible for the report to conflate personnel changes during a bear market with strategic shifts."
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