
Crypto liquidity provider GSR said it has expanded its institutional trading and treasury platform, GSR One, to unify market making, systematic OTC trading and treasury management into a single system.
The enhancement gives clients real-time visibility into every layer of market activity, GSR said Thursday. Features include order book depth, custom analytics, programmatic execution tracking, enhanced market making insights, and direct wallet control and security management.
GSR said the move reflects a comprehensive approach for institutions, which are increasingly demanding reliability and accountability from crypto counterparties. CEO Xin Song said the system allows clients to gain access to “the same systems and analytics” that support GSR’s internal operations.
The firm emphasized that recent market volatility has highlighted the importance of robust and transparent liquidity provision, an area where institutional players have sought more data-rich tools. The total cryptocurrency market capitalization has plummeted by about a third since its peak in early October, according to data from TradingView.
GSR One also improves onboarding, integrates treasury workflows, and provides a scalable foundation for what GSR calls “the next generation of institutional digital asset infrastructure.” The upgrade follows enhancements made to GSR’s systematic OTC platform earlier this year, including expanded foreign exchange capabilities and broader asset coverage.
By consolidating trading, execution and treasury functions into a transparent, data-driven environment, GSR aims to bring crypto markets closer to the standards expected in traditional financial infrastructure (TradFi).



