Genesis Capital has originated over $1 billion in crypto loans even as the bear market reigns
January 30, 2019, 9:10AM EST · 3 min read
Quick Take
- Genesis Capital announced Wednesday it has originated over 1 billion in loans in ~10 months, doubling originations in Q4 alone
- An increase in volatility and the ability to engage in both spot and futures markets lead to outsized borrowing for the quarter
Genesis Global Trading, a market making trading firm in New York, announced Wednesday that it has originated more than $500 million worth of loans in digital assets to its institutional clients in the 4th quarter of 2018, pushing their cumulative origination volumes to more than $1 billion over the last 10 months. The firm, formerly […]
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