TechFlow News, according to Bloomberg, GSR Markets, one of the world's largest cryptocurrency market makers, has announced that Jakob Palmstierna will transition from CEO to President, while Rich Rosenblum and Xin Song will serve as co-CEOs.
In an interview, Rosenblum said the new structure will enable GSR to better serve clients across different time zones, especially amid a resurgence in the cryptocurrency market. Headquartered in London, GSR has around 200 employees globally and saw its revenue more than triple in the first half of this year compared to the same period last year.
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