2023-01-20
Bloomberg
33 related
Crypto lender Genesis Global Capital files for Chapter 11 bankruptcy in New York, listing the estimated range for both assets and liabilities between $1B-$10B
Cryptocurrency lender Genesis Global Capital filed for bankruptcy, the latest firm to collapse in the aftermath of FTX's swift downfall.
2022-11-16
CoinDesk
14 related
Genesis' crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and new loan originations; trading and custody units are unaffected
The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.
2019-04-26
CoinDesk
Crypto lender Genesis says it has loaned $1.53B since March 2018, and most financing is for exchanges and trading desks, with 3%-5% of bitcoin loans for shorts
Anna Baydakova / CoinDesk : Tweets: @bankxrp Tweets: @bankxrp : Genesis Global Capital wrote $425 million of crypto loans in the first quarter, bitcoin-denominated loans made up 68 percent, XRP loans...
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