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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.
Genesis CEO Details ‘Black Thursday’ Chaos in Q1 Lending Report
Crypto lender Genesis Capital increased its loan book to $649 million during a tumultuous Q1 marked by wild fluctuations in the price of bitcoin.
Genesis Clocks Quarterly Surge in Cash and Stablecoin Lending
For the first time this year, BTC-denominated loans now represent less than 60 percent of Genesis' portfolio.
Genesis Lends $425 Million of Crypto in Q1 – and Not Just to Short Sellers
Genesis Global Trading's cryptocurrency lending arm continues to grow, even as the number of short sellers dwindles.
Crypto Lender Genesis Capital Processed Nearly $1.1 Billion In 2018
Institutional crypto loans provider Genesis Global Capital says it processed more than $1.1 billion in lends and borrows in 2018.