According to Odaily Planet Daily, crypto market maker GSR Markets announced that Jakob Palmstierna will move from CEO to president, and Rich Rosenblum and Xin Song will serve as co-CEOs. GSR Markets is headquartered in London and has approximately 200 employees worldwide.

Rosenblum said that in the first half of this year, the company's revenue more than tripled compared with the same period last year. He also revealed that GSR has remained profitable and has never raised external funds.