Genesis Trading Mitigated Losses With a 'Large Counterparty,' CEO Says
Genesis’ update comes after crypto fund Three Arrows Capital confirmed heavy losses during the market rout.
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Jun 17, 2022 at 4:18 p.m. UTC
Jun 17, 2022
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Genesis Posts Another Record Derivatives Trading Quarter With Over $20B in Volume
Bitcoin’s share of its loan mix fell thanks to the Grayscale Bitcoin Trust discount, Genesis said in its Q4 report.
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Jan 27, 2022 at 6:26 p.m. UTC
Jan 27, 2022
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Securitize to Issue Digital Asset Securities for Yield Funds
Securitize will issue digital asset securities for two inaugural yield funds holding BTC and USDC separately.
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May 27, 2021 at 2:50 p.m. UTC
May 27, 2021
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Crypto Long & Short: Bitcoin's Potential as a Collateral Class
Signs point to a new avenue of growth for crypto-backed lending.
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May 2, 2021 at 9:00 p.m. UTC
May 2, 2021
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DeFi Pushes ETH Loans at Genesis to New Highs as BTC Rates Drop
ETH loans now make up 27% of Genesis’ loan book, as hedge funds get more comfortable with DeFi.
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Apr 28, 2021 at 1:04 p.m. UTC
Apr 28, 2021
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Why Genesis, BlockFi, Ledn Are Cutting Interest Rates on Large-Scale Bitcoin Deposits
Genesis is cutting bitcoin deposit rates effective Thursday, following BlockFi's reduction last week.
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Mar 31, 2021 at 7:00 p.m. UTC
Mar 31, 2021
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ETH Gobbles Up Larger Share of Genesis Loan Book as Trading Firms Feast on DeFi Summer
Genesis Trading saw the share of bitcoin in its loan portfolio drop, mainly due to demand for liquidity mining on DeFi protocols.
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Oct 30, 2020 at 1:00 p.m. UTC
Oct 30, 2020
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Genesis' Crypto Lending Rebounds in 2Q; Firm Acknowledges Unsecured Loans
Genesis’ crypto lending arm came back strong in 2Q after a rocky 1Q. Separately, executives acknowledged the firm makes some uncollateralized loans.
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Aug 4, 2020 at 1:00 p.m. UTC
Aug 4, 2020
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Circle Gets $25M From DCG to Drive USDC Mainstream
USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses.
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Jul 30, 2020 at 1:00 p.m. UTC
Jul 30, 2020
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Custody Battle Pits Institutional Boomers Against Crypto Upstarts
Crypto custodians are in a race to build the next State Street or BNY Mellon.
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Jun 11, 2020 at 9:00 a.m. UTC
Jun 11, 2020