Genesis Trading

Crypto Dominoes: Genesis Suffers Ginormous Loss From 3AC Exposure
Crypto Dominoes: Genesis Suffers Ginormous Loss From 3AC Exposure
As the collapse of Three Arrows Capital sends shockwaves across the crypto lending industry, cryptocurrency market maker Genesis Trading is facing potential losses into the “h...
Crypto Dominoes: Genesis Suffers Ginormous Loss From 3AC Exposure

Genesis Faces ‘Hundreds of Millions’ in Losses Due to 3AC Exposure
Genesis Faces ‘Hundreds of Millions’ in Losses Due to 3AC Exposure
CoinDesk’s Nikhilesh De explains why crypto lending firm Genesis Trading is facing potential losses into the “hundreds of millions,” partly due to their exposure to Three Arro...
Genesis Faces ‘Hundreds of Millions’ in Losses Due to 3AC Exposure

Traders Increasing Leverage on BTC Trades?
Traders Increasing Leverage on BTC Trades?
A new chart presented by Glassnode on bitcoin’s perpetual futures open interest vs. bitcoin’s price suggests that traders are increasing their leverage on BTC trades once agai...
Traders Increasing Leverage on BTC Trades?

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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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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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loanmosh8
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.
loanmosh8

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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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morodark
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.
morodark

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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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