Digital Currency Group’s market maker and lending firm Genesis Trading has confirmed that it had investment exposure in the now-liquidated Three Arrows Capital (3AC). The …
Genesis Trading CEO confirms 3AC exposure, parent company helps plug losses Read More »
Genesis Trading has suffered significant losses amounting to hundreds of millions of dollars partly due to its exposure to the now-bankrupt Three Arrows Capital. However, …
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal …
Decentralized finance (DeFi) reshaped Genesis Capital’s portfolios over the summer. The firm, owned by CoinDesk parent company Digital Currency Group, saw the share of bitcoin …
Genesis Capital’s lending portfolio rapidly recovered in the second quarter after a sharp decline that resulted from the mid-March bitcoin sell-off. The cryptocurrency lender’s book …
Genesis’ Lending Rebounds in 2Q; Firm Acknowledges Unsecured Loans – CoinDesk Read More »
USDC backer Circle is teaming with Genesis Trading in a $25 million deal aimed at pushing the stablecoin to the fintech masses. Announced Wednesday, the …
Circle Gets $25M From DCG to Drive USDC Mainstream – CoinDesk Read More »
Crypto custodians are in a race to build the next State Street or BNY Mellon. There are only a handful of these types of large …
Custody Battle Pits Institutional Boomers Against Crypto Upstarts – CoinDesk Read More »
It’s probably no coincidence that three major crypto firms – Coinbase, Genesis Trading and BitGo – have almost simultaneously announced plans to become prime brokers, …
Behind ‘Prime Broker’ Buzzword Lies a Complex Strategy Game for Crypto Firms – CoinDesk Read More »
Digital currency giant Genesis Global Trading has launched a derivatives trading desk to be led by former Galaxy Digital staffer Joshua Lim. The desk will …
Genesis Hires Ex-Galaxy Digital Staffer to Run New Derivatives Trading Desk – CoinDesk Read More »
San Francisco-based cryptocurrency exchange Coinbase is finally acquiring Tagomi, a prime brokerage platform specializing in digital asset trading. Announced Wednesday, the two companies said the …
Coinbase Buys Tagomi as ‘Foundation’ of Institutional Trading Arm – CoinDesk Read More »
