Genesis Capital has originated over $1 billion in crypto loans even as the bear market reigns

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 […]

Subscribe to The Block News+ to
Unlock this Feature


per year
Join Now


If you want to know more about what you get with a Membership, or you need help convincing your manager, we got you covered. You can find the details and learn more about the benefits by clicking the link below.


Trending Stories