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NEW YORK / SINGAPORE - September 23, 2025 - Codex is pleased to announce a partnership with GSR, a pioneer in digital asset trading and liquidity provision. Under this partnership, GSR will integrate Codex as one of its settlement blockchains for institutional clients.
“We are excited to partner with GSR to unlock a new use case for Codex Chain, institutional settlement,” said Haonan Li, Co-Founder and CEO of Codex. “GSR is the ideal partner to showcase the value Codex delivers to institutions seeking secure, compliant, and efficient settlement infrastructure.”
Codex is a high-throughput, EVM-equivalent Layer 2 blockchain purpose-built for stablecoin-native payments, FX, and settlement. Unlike general-purpose chains, Codex is optimized at every layer for real-world stablecoin applications, including fee design, gas abstraction, and compliance.
Use cases for Codex include:
- Institutional settlement: offering predictable, compliant, and final settlement rails for financial institutions.
- Corporate treasury management: allowing businesses to hold, transfer, and program liquidity across multiple jurisdictions.
- On- and offramps: connecting stablecoins with local banking systems for easy conversion to and from fiat.
- Cross-border payments: enabling instant, low-cost settlement for global merchants and enterprises.
“At GSR, we see significant value in blockchains that are purpose-built for stablecoin use cases,” said Alain Kunz, Head of Business Development, EMEA at GSR. “Codex offers the efficiency, compliance, and settlement capabilities that institutions require, making it a natural fit for our global operations.”
Codex and GSR expect the integration to be completed in the fourth quarter of 2025, creating immediate opportunities for institutions to streamline settlement processes.
About Codex
Codex is Ethereum’s stablecoin chain. Codex blockchain is a high-throughput, EVM-equivalent Layer 2 blockchain purpose-built for stablecoins. Codex extends Ethereum's capabilities with programmable and secure atomic on/offramps, compliance and identity mechanisms, and native FX, enabling the real-world use cases that enterprises and institutions require.
About GSR
GSR is crypto’s capital markets partner, delivering market making, institutional-grade OTC trading, and strategic venture backing to founders and institutions. With more than a decade of experience, we provide strategic guidance, market intelligence, and access to a global network to help teams scale.