RATE Group | GSR Partners with Interhash to Create Risk Management Solutions for Bitcoin Miners
72669
post-template-default,single,single-post,postid-72669,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

GSR Partners with Interhash to Create Risk Management Solutions for Bitcoin Miners

20 Dec GSR Partners with Interhash to Create Risk Management Solutions for Bitcoin Miners

Posted at 01:48h in Cryptocurrency News by

[ad_1]

HONG KONG–(BUSINESS WIRE)–GSR, the global leader in digital asset trading and market making, today announced a partnership with Interhash, the mining services company incubated by cryptocurrency mining giant Canaan. The companies expect that the collaboration will bring professional risk management and execution services to Canaan’s substantial mining network.

GSR will offer a customized suite of structured products to mining counterparties beginning in January, 2020. These risk management solutions will allow miners to protect themselves against losses and earn extra yield on inventory. This product suite will consist of customized Swaps, Collars and more bespoke structured products.

“The cryptocurrency industry is more volatile than any other business area, and many participants in the ecosystem are under-hedged or outright un-hedged against adverse price action,” said Cristian Gil, Co-Founder of GSR. “Miners are a foundational component of the digital…

[ad_2]

Source link

Tags:
, , , , , , , ,