Our Team

 

We develop multiyear relationships and partner with our clients to identify the right opportunities for long-term success

 

GSR has ten years of deep crypto market expertise as a market maker and active, multi-stage investor. GSR sources and provides spot and non-linear liquidity in digital assets for token issuers, institutional investors, miners, and leading cryptocurrency exchanges. 

GSR is deeply embedded in every major sector of the cryptocurrency ecosystem. We work with leading crypto native entrepreneurs as well as financial institutions taking their first steps into the world of digital assets.

GSR Markets Pte. Ltd. has received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).

 

 

Management

Jakob Palmstierna

CEO

Jakob is the global CEO of GSR. Prior to joining GSR, he was Head of EMEA business at Two Sigma Investments and a board director of Two Sigma International. He has over a decade of experience developing business and investment solutions in systematic investment management, including roles at Winton Capital Management and Barclays Global Investors (BGI). Jakob earned a BSc in Economics from Lund University where he also completed the MSc coursework in Economics (without dissertation). He also holds a Ships Officers Degree, Class VIII from Chalmers University of Technology.

Rich Rosenblum

Co-Founder and President of GSR

Rich is a Co-Founder and the President of GSR, and leads the group across strategic initiatives and growth. He began his career at Goldman Sachs where he spent 11 years between New York and London in commodities trading as a Managing Director and Global Head of Crude Oil and Derivatives Trading. Prior to joining GSR, he spent a few years on the buy-side, running energy trading teams at two New York-based hedge funds. Rich earned a bachelor’s degree in Mathematics from Columbia University.

Xin Song

COO

Xin is COO at GSR and is based in Singapore. He has been in crypto since 2018, and before that was in traditional finance for over 10 years, initially as an Portfolio Manager in the Scientific Active Equities team at BlackRock in London, developing quantitative investment strategies for a $5bn European long-only fund. Xin relocated to Shanghai to become the Head of Product for Fintech startup DealGlobe, subsequently setting up his own crypto derivatives hedge fund Magpie Capital as Co-Founder and CEO, before joining GSR in 2019 to build out the Asia franchise. Xin graduated from the London School of Economics with a BSc in Business Mathematics and Statistics, and London Business School with an MBA, specializing in Entrepreneurial Management. He is also a CFA charterholder.

Cristian Gil

Chairman

Cris is the Chairman of GSR. Prior to GSR, he worked as a commodities trader for 9 years at Goldman Sachs in New York. Since then he has managed an active portfolio of investments across the technology, real estate, hospitality and media sectors. Cris obtained a degree in Economics from the Massachusetts Institute of Technology (MIT).

John MacDonald

Chief Technology Officer

John is Chief Technology Officer of GSR. Prior to joining GSR, John spent five and a half years at Citadel Securities, where he was European CTO and held various technology leadership roles including Global Head of Derivatives Technology, and Global Head of Fixed Income Technology. Prior to this he spent 10 years at J.P. Morgan where he was a Managing Director running Global Electronic Market Making Technology group. He started his career at Goldman Sachs, before joining Citadel to build out an Options trading business. John graduated from Oxford University with a degree in Mathematics & Computation.

Eva Sanchez

Chief Legal Officer

Eva is the Chief Legal Officer of GSR and oversees the firm’s legal, compliance and regulatory policy affairs. Prior to joining GSR, she was at AQR Capital Management and led the firm’s international legal and compliance teams and at Citadel where she oversaw the growth of Citadel’s hedge fund and securities business in Europe at a time of significant market structure and regulatory change. Eva started her legal career at Clifford Chance and obtained a First Class Business & Law Degree from City University, London.

Andreas Koukorinis

Head of Trading

Andreas is Head of Trading at GSR and leads the firms trading platform and strategy. Prior to joining GSR, he served as the Global Head of Credit and FICC ETF eTrading at JP Morgan. He previously founded and managed Stratagem Technologies, a machine learning and analytics company for sports betting, and has held roles at Fortress Investment Group and Deutsche Bank.

Jonathan Loflin

Head of Alpha

Jonathan Loflin is Head of Alpha at GSR. He has over 20 years of experience in markets, across all major macro asset classes (equities, fx, commodities, rates, credit, & crypto) and regions. Prior to GSR, he was a Senior Portfolio Manager running all aspects of the global derivatives relative value business at Mariner Investment Group (Coria Capital) and, prior thereto, was Partner & Senior Portfolio Manager at BlueMountain Capital Management running similar strategies. He began his career as a derivatives quant at Goldman Sachs focusing on interest rate products and counterparty credit risk management. Mr Loflin studied Artificial Intelligence & Finance at the Massachusetts Institute of Technology, earning two Bachelor’s degrees and a Master’s degree concurrently — in addition to subsequently completing the MIT Sloan Executive Program in Management & Leadership.

Beth McGrath

Head of Human Resources

Beth McGrath joined GSR in November 2021 as the Head of Human Resources at GSR, based in the London office, and oversees the firm's global HR and Recruiting matters. Beth has over 20 years of experience of working in Financial Services across multiple jurisdictions, initially with investment banks Wachovia and Wells Fargo, and then later with Citadel and Balyasny Asset Management. Beth brings experience from a career spanning across HR administration, HR operations, core HR business partnering and multi scale Employee Relations.

Gilberto Mokbel

Senior Advisor & Portuguese Rep Office

Gilberto is a Senior Advisor to the board of GSR as well as the general director of the Portuguese representation office. Previously, he played a key role in developing client portfolios for start-ups and multinationals, including Holmen and M-Real (Metsä Board). He holds degrees in Business Administration from the Universidad Pontificia Comillas and the University of Hull, as well as a master’s degree in eCommerce from the Universidad Carlos III de Madrid.

CJ Fong

Head of EMEA & APAC Sales

CJ is Head of EMEA & APAC Sales at GSR, and is based in Singapore. Before entering the crypto market CJ started his career in Hong Kong as a structurer at Morgan Stanley before heading up Fixed Income Solutions for Morgan Stanley Private Bank. He also worked for Nomura Private Bank, where he focused on client solutions in both public and private markets.


GSR is a member of the Alliance DAO, an organization established to expand the reach of Defi globally.

GSR is a President’s Circle member of the Chamber of Digital Commerce, a leading trade association representing the digital asset and blockchain industry.

GSR is a member of the Blockchain Association. An organization established to improve the public policy environment so that blockchain networks can thrive in the United States.

GSR is a founding member of the Crypto Market Integrity Coalition brings together market participants in the digital asset space who are committed to enabling a safe and sensibly-regulated crypto ecosystem.