• bitcoin

    Bitcoin (BTC)

    $ 3,539.32 0.68%
  • ethereum

    Ethereum (ETH)

    $ 115.40 1.87%
  • ripple

    XRP (XRP)

    $ 0.313823 0.75%
  • bitcoin-cash

    Bitcoin Cash (BCH)

    $ 127.11 1.32%
  • eos

    EOS (EOS)

    $ 2.41 0.70%


Genesis Trading’s OTC volume is up 50% year-over-year

Despite the ongoing 2018 crypto bear market, Genesis Trading, a digital currency over-the-counter (OTC) trading firm, has experienced "tremendous growth," the company writes.

According to a recent email sent out to Genesis’ clients, in 2018, the firm saw a 50% year-over-year increase in OTC trading volumes and originated nearly $1B in loans and borrows since it launched its lending business, Genesis Capital. Genesis also notes that it has received BitLicense approval from the New York Department of Financial Services.