Crypto trading giant GSR's new vault business is a $100M bet on onchain credit

Crypto Insight Summary: The firm is putting its own capital into stablecoin and tokenized gold vaults as institutional finance moves further onchain. Crypto Insight Analysis: Direction: Bullish GSR / Bullish ETH Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Institutional capital inflow boosts onchain liquidity and ETH ecosystem.