Market Cap

🎥 Watch the video version: https://www.youtube.com/watch?v=WbyqhNtSFsw On this Market Cap episode our Director of Institutional Services, Stefano Sanabria, speaks with CJ Fong, APAC General Manager at GSR. GSR is a global crypto capital markets…

Show Notes

🎥 Watch the video version: https://www.youtube.com/watch?v=WbyqhNtSFsw

On this Market Cap episode our Director of Institutional Services, Stefano Sanabria, speaks with CJ Fong, APAC General Manager at GSR.

GSR is a global crypto capital markets partner founded in 2013 that trades digital assets across spot and derivatives markets and invests in blockchain startups.

The firm works with exchanges, institutional investors, and token issuers to structure and support trading as new crypto assets come to market.

On Market Cap we feature firms and funds to explore the thinking that guides them, the patterns they observe, and other forces moving the markets.

Chapters
00:20 Introduction to GSR
01:15 Reflections on Consensus Hong Kong
03:23 CJ at Nomura, Morgan Stanley, JPMorgan
09:44 GSR's Business Model and Evolution
17:25 The Importance of Regulation and Licenses
19:38 Adoption, Credit Curves and Open Source
22:48 Defining and Maturing Capital Markets
26:08 Understanding APAC Market Dynamics
32:22 Diversifying Across Sustainable Business Lines
38:08 Agile Tactics Within a Strategic Vision

Links
https://gsr.io/
https://www.linkedin.com/in/chuanjinfong

What is Market Cap?

Market Cap is the show for serious capital in crypto. Stefano hosts allocators, market makers, and institutional operators to unpack the flows, structures, and mechanics shaping the asset class. Conversations focus on market structure, liquidity, the bridge between TradFi and crypto, and the questions allocators are actually asking. Built for professionals who treat crypto as a market, not a meme.