GSR CEO: Exposure to Binance is less than 5% of net assets, daily operations expected to be materially unaffected.

BlockBeats news, October 30: Xin Song, CEO of market maker GSR, posted that they are in contact with Binance to better understand the suspected security incident and assess how they can assist. GSR's related exposure is limited, below 5% of the company's net assets, and is not expected to cause material disruption to daily operations.