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GSR appoints hedge fund veteran Jon Loflin as Chief Risk Officer

Wednesday, May 19, 2021
Opalesque Industry Update - GSR, a global leader in digital asset trading, has appointed hedge fund veteran and AI / machine-learning expert Jon Loflin as Chief Risk Officer & Managing Director.

Loflin's team will be tasked with developing the next iteration of the firm's risk management framework, with a focus on utilizing cutting-edge technologies to evaluate pre-trade, real-time and post-trade risk.

GSR's latest addition comes as the company continues to enhance the sophistication of the programmatic strategies that underlie its market-making and trading operations.

Prior to joining GSR, Loflin was Principal and Senior Portfolio Manager of Mariner Coria RV, a fund manager lauded for its technical expertise in structured derivatives trading, relative-value strategies, and alternative risk premia across all major asset classes and regions. During his time managing Coria, he was named a 'Hedge Fund Rising Star' by Institutional Investor and was inducted into the EQDerivatives Volatility Investing Hall of Fame. Prior, Loflin spent five years at BlueMountain Capital Management as a Partner and Senior Portfolio Manager and another five years at Goldman Sachs, specializing in credit and interest-rate derivatives.

Cristian Gil, Co-founder, GSR said: "GSR has been consistently successful in attracting experts and seasoned professionals like Jon to build sophisticated cryptocurrency trading infrastructure and services. As early movers and newer institutions look to broaden their exposure over time, the strength of a firm's risk management structure will be a competitive differentiator."

Loflin said: "Crypto markets offer opportunities that traditional asset classes haven't seen in some time, and GSR is a great company. I'm excited to join a firm that's been on the cutting edge of cryptocurrency trading since 2013 and has a clear roadmap to being one of the leaders in digital assets as the markets further develop."

Loflin is the latest former derivatives and quantitative trader to join GSR from traditional finance. Recently, former Blackstone and Goldman Sachs energy trader Trey Griggs was named as CEO of the company's new US operation. GSR's fast-growing team that is now approaching 100 people, includes alums from TwoSigma, Winton, Citadel and Nomura.

About GSR
GSR, founded in 2013, is a global leader in digital asset trading. We specialize in providing liquidity, risk management and structured products to institutional participants in the digital asset ecosystem. Our team of veteran finance and technology executives from Goldman Sachs, Two Sigma, Citadel and Blackstone, among others, has developed one of the world's fastest and most robust trading platforms.

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