Genesis hits record growth in crypto loans in Q2, reaching $2.3 billion-mark since launch

Quick Take

  • The lending arm of Genesis Global Trading continues to grow, adding $746 million of crypto loan originations in Q2

  • The figure brought its total originations to $2.3 billion since launching the business in March 2018

Genesis Global Capital, the lending arm of institutional over-the-counter cryptocurrency trading firm Genesis Global Trading, continues to get bigger as loan origination growth hits a new record.

The New York-based firm added $746 million of crypto loans in the second quarter, bringing its total originations to $2.3 billion since launching the business in March 2018, according to a Q2 lending snapshot report published Tuesday.