[GSR Commits $100 Million to Launch On-Chain Vault Business, Hare Partners with Turtle] Odaily Planet Daily News: Cryptocurrency trading firm GSR has pledged $100 million, primarily through credit lines, to fund its new business, Hare. Hare will collaborate with liquidity platform Turtle to create and manage on-chain vaults. Initially, Hare will launch vaults supported by the lending protocol Aave, allowing investors to earn returns through major USD stablecoins and Paxos' tokenized gold products. GSR will provide anchored liquidity. (CoinDesk)