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GSR pledges $10 million to its philanthropic social impact foundation

Quick Take

  • The GSR Foundation will act as a grant-making charity to support global non-profit organizations.
  • A majority of the foundation’s focus at first will involve smaller grants for nonprofit organizations to address technological barriers in marginalized communities, according to GSR Foundation Executive Director James Newell.

GSR, the crypto market maker founded by former Goldman Sachs executives, will launch the GSR Foundation with a $10 million pledge the company said will be used to address