genesis trading

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Stake in Crypto Exchange Deribit Becomes Disputed Asset in Three Arrows Bankruptcy
Based on one estimate in a document passed around by creditors, the Deribit stake is worth as much as $500 million. But legal complications and the recent crypto market slump might make the stake worth significantly less.
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Genesis Faces ‘Hundreds of Millions’ in Losses as 3AC Exposure Swamps Crypto Lenders: Sources
The DCG-owned trading colossus is said to have suffered nine-figure losses partly through exposure to Three Arrows Capital and Babel Finance.
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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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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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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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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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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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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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