Our Summary:Crypto trading firm GSR has committed $100 million to launch Hare, a new onchain credit vault business focused on credit. This launch connects to GSR's October 2026 insight on building an Onchain Credit Desk, treating credit as a dedicated line of business. GSR brings deep liquidity relationships and regulated entities to the onchain credit market, expanding its presence in the decentralized finance space.

Our Summary:Crypto trading giant GSR is making a significant investment in onchain credit with its new vault business, valued at $100 million. This move signals a growing interest in decentralized lending and credit platforms within the cryptocurrency space. By leveraging its existing expertise in trading, GSR aims to tap into the vast potential of onchain credit, which is expected to play a crucial role in the development of decentralized finance (DeFi) ecosystems.