GSR acquires Autonomous, Architech for $57M to bolster token design

Cryptocurrency market maker GSR announced it has acquired Autonomous and Architech for $57 million. Autonomous is a firm that supports the launch, financing, and operations of crypto projects, while Architech is a consulting firm specializing in token issuance and liquidity strategy. GSR explained that the acquisition gives it the ability to support the entire lifecycle of token-based projects, from their inception to expansion. The company added that its enhanced capabilities will allow it to offer tokenized organizations an integrated model covering foundation structure, governance design, token economics, fundraising and exchange strategies, and long-term capital planning. Additionally, GSR will provide institutional trading, derivatives, and asset management services through its existing regulated entities.