According to Odaily, GSR, a prominent cryptocurrency market maker, has announced the departure of its Co-CEOs Rich Rosenblum and John MacDonald. This leadership change marks another significant executive shift for the company this year. On June 26, 2023, the then-CEO Jakob Palmstierna transitioned to the role of President, while Rosenblum and Xin Song were appointed as Co-CEOs. The new structure was described as aligning with the company's 'carefully curated creativity.'

GSR highlighted that Rich Rosenblum's departure is driven by his desire to 'pursue new entrepreneurial opportunities,' and he will continue to maintain a relationship with the company. Rich Rosenblum co-founded GSR in 2013 alongside Cristian Gil, who currently serves as the Chairman.