According to a study by the Financial Industry Regulatory Authority (FINRA), the proportion of investors considering buying cryptocurrencies has declined from 33% in 2021 to 26% in 2024.
Market maker GSR has agreed to acquire Equilibrium Capital Services, a FINRA-registered broker-dealer shelf company headquartered in Portland, Oregon. The market maker paid "under six figures" for the largely dormant subsidiary of a company of the same name that builds ESG-compliant portfolios aimed at quick access to US regulated securities markets. The acquisition enables GSR to provide a platform for traditional...