DeFi Pushes ETH Loans at Genesis to New Highs as BTC Rates Drop
ETH loans now make up 27% of Genesis’ loan book, as hedge funds get more comfortable with DeFi.
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Apr 28, 2021 at 1:04 p.m. UTC
Apr 28, 2021
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Why Genesis, BlockFi, Ledn Are Cutting Interest Rates on Large-Scale Bitcoin Deposits
Genesis is cutting bitcoin deposit rates effective Thursday, following BlockFi's reduction last week.
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Mar 31, 2021 at 7:00 p.m. UTC
Mar 31, 2021
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ETH Gobbles Up Larger Share of Genesis Loan Book as Trading Firms Feast on DeFi Summer
Genesis Trading saw the share of bitcoin in its loan portfolio drop, mainly due to demand for liquidity mining on DeFi protocols.
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Oct 30, 2020 at 1:00 p.m. UTC
Oct 30, 2020
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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.
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Aug 4, 2020 at 1:00 p.m. UTC
Aug 4, 2020
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Circle Gets $25M From DCG to Drive USDC Mainstream
USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses.
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Jul 30, 2020 at 1:00 p.m. UTC
Jul 30, 2020
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Custody Battle Pits Institutional Boomers Against Crypto Upstarts
Crypto custodians are in a race to build the next State Street or BNY Mellon.
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Jun 11, 2020 at 9:00 a.m. UTC
Jun 11, 2020
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Behind 'Prime Broker' Buzzword Lies a Complex Strategy Game for Crypto Firms
Coinbase, BitGo and Genesis all announced plans to become prime brokers this month. Here's what the trend reveals about the state of the industry.
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May 29, 2020 at 5:45 p.m. UTC
May 29, 2020
Genesis Hires Ex-Galaxy Digital Staffer to Run New Derivatives Trading Desk
The derivatives desk will expand the company’s suite of products as it aims to attract more institutional clients to its newly acquired prime brokerage arm.
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May 28, 2020 at 1:00 p.m. UTC
May 28, 2020
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Coinbase Buys Tagomi as 'Foundation' of Institutional Trading Arm
Crypto exchange Coinbase is finally acquiring Tagomi, a prime brokerage platform specializing in digital asset trading for institutional clients.
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May 27, 2020 at 11:00 a.m. UTC
May 27, 2020
Genesis Trading Buys Crypto Custodian Vo1t in Bid to Become Prime Broker
Digital currency trader and lender Genesis Global Trading is moving toward full-service prime brokerage with the acquisition of crypto custodian Vo1t.
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May 21, 2020 at 1:00 p.m. UTC
May 21, 2020