The Crypto Market GSR market manufacturer has long positioned itself as a leader in the market structure, compliance and global liquidity. With the operations that cover centralized and decentralized platforms, the company is actively forming how capital flows through the digital asset ecosystem.
Part of the company’s success can be attributed to Josh Riezman, a veteran in GSR and now its strategy director, Deputy General Advisor of the United States and the attached global. Previously it served more than a year as managing director.
Riezman joined GSR after working at USDC Emiser Circle. Before that, he spent six years in Société Générale and almost three years in Deutsche Bank.
Recently, GSR became the first cryptographic liquidity provider to ensure the authorization of both the United Kingdom’s financial authority and the Singapore monetary authority, a milestone that reflects its proactive approach to compliance in some of the most observed jurisdictions in the world.
Riezman expects regulatory alignment to become a cornerstone of sustainable growth in the cryptography market.
In April, GSR directed a private placement of $ 100 million in Apex (UPXI), a consumption company that is now turning to a cryptography -based treasure strategy.
Before consensus 2025, Coindesk spoke with Riezman about what these regulatory victories mean, how GSR sees the future of defi and CEFI integration, and what the company is doing to support the next generation of crypto projects through its full -fourth services.
COINDESK: GSR has recently achieved some very significant regulatory approvals, even in the United Kingdom, how do these milestones influence their operations and strategic direction?
Riezman: It’s a big question. GSR has been proud to be at the forefront of thinking about what is the right regulation for this space and how that applies to us.
We have been proactive when working with regulators around the world to level up as the global regulatory regime emerges and evolves. We were first to adopt in Singapore and the United Kingdom, through the MPI and the MLR, to show our commitment to the best standards in the regulatory space, especially among commercial companies.
We see this as the beginning of the trip, as regulation continues to materialize. We are always thinking about the future about how we should be prepared to serve our clients in each jurisdiction.
Given the extensive experience that GSR has with the cryptocurrency space and with compliance, what are the main regulatory challenges you see in the near future for market manufacturers?
This is becoming a trope now, but regulatory certainty remains an important problem in cryptographic space, particularly in the United States. We are in a dramatic period of change after the choice of Donald Trump. But we are seeing positive signs, both of the regulatory agencies and on the legislative side.
As more clarity arrives, it will unlock a greater investment, as in traditional economic planning, clarity and certainty are key. When that clarity arrives, companies such as GSR can invest in the appropriate structures and strategies to meet.
For us, it is about ensuring that we can continue delivering the robust liquidity for which we are known. We are seeing very promising signs in Singapore and Europe, where frames are clearer, and we hope to see similar developments in the United States.
How does GSR address integration with emerging technologies, including decentralized finances, in their existing offers?
This is an area where, at some level, we have been at the forefront. We are always looking for new places. When it comes to Defi, we are integrated with all leading AMM and key platforms.
We are also focused on expanding our chain capabilities, especially as these CEFI/defi hybrid models arise. Something like hyperlichid is a good example.
We see our strength in CEFI and the liquidity in the chain that bind in a really significant way, and it is a space where we are committed and building proactively.
In light of current market dynamics, what strategies do GSR use to guarantee liquidity and stability in their operations?
We have been present for a long time: GSR is one of the oldest, if not he The oldest, market manufacturers in space. The way we have managed to remain here through all volatility is our deep commitment to risk management.
Our risk frame has taken us through turbulent markets, and continues to do so. It is a business as usual for us: we are used to volatility and, to some extent, we accept it as part of the industry we love and we are here to support.
Beyond risk management, we are focused on how to support customers who seek full life cycle support through what are really choppy markets. We are providing more advice services now, sharing experience and connections with the market with our clients and friends.
Looking towards the future, what are GSR’s key priorities and initiatives in the cryptocurrency ecosystem?
Some things. First, we are really focused on being a true life cycle partner for cryptographic entrepreneurs, especially the most innovative and creative protocol companies. We want to support them from an idea to launch and beyond, through our risk investments, advice, market manufacture and OTC services.
We are gathering everything in a unique window for market participants. At the same time, we are focused on the renewed interest in the US market. There are so many projects that seek to enter the United States and integrate with their ecosystem, and we are well positioned to help: we are connected to all the main exchanges both internationally and in the United States.
Finally, we continue to incline ourselves in regulatory defense and helping to shape the effective structures of the pro -infraction market that allow both development and liquidity.
