Crypto market maker GSR Markets announces new appointments: Rich Rosenblum and Xin Song will serve as co-CEOs

According to Bloomberg, GSR Markets, one of the world's largest cryptocurrency market makers, announced that Jakob Palmstierna will move from CEO to president, and Rich Rosenblum and Xin Song will serve as co-CEOs.

Rosenblum said in an interview that the new structure will enable GSR to better serve customers in different time zones, especially in the context of the renewed boom in the cryptocurrency market. London-based GSR has about 200 employees worldwide and its revenue in the first half of this year increased more than three times compared with the same period last year.