GSR Acquires FINRA-Registered Broker-Dealer Equilibrium Capital Services to Expand US Crypto Market Access

Cryptocurrency market maker GSR has entered into an agreement to acquire Equilibrium Capital Services, a Portland-based SEC-registered broker-dealer and FINRA member. The pending regulatory approval will significantly expand GSR's regulated footprint in the United States market. This strategic acquisition enables GSR to provide institutional clients with direct access to digital assets while operating within established compliance frameworks. Equilibrium Capital's registration permits brokerage services under U.S. securities laws, creating new opportunities for regulated crypto market participation. GSR CEO Xin Song emphasized this move represents the company's long-term commitment to serving both entrepreneurs and institutional investors seeking regulated cryptocurrency market access. The acquisition occurs amid ongoing U.S. regulatory developments for digital assets. For global market maker GSR, obtaining a broker-dealer license potentially unlocks access to securities-regulated products. The firm engaged Compliance Exchange Group (CXG) for regulatory guidance and BrokerDealerForSale.com to facilitate the acquisition process. GSR continues expanding its regulated services portfolio, recently partnering with DigiFT to enhance institutional access to tokenized real-world assets. The market maker has also invested in Maverix Securities to develop regulated structured products and led digital asset treasury strategies for Nasdaq-listed companies including MEI Pharma and Upexi.