Recent from talks
Genesis (cryptocurrency company)
Knowledge base stats:
Talk channels stats:
Members stats:
Genesis (cryptocurrency company)
Genesis is a cryptocurrency intermediary for institutional investors, with Digital Currency Group (DCG) as its parent company.
Genesis operates several businesses, including Genesis Global Trading, Inc. ("GGT"), Genesis Global Capital, LLC ("GGC"), Genesis Asia Pacific Pte. Ltd. ("GAP"), GGC International Limited ("GGCI"), and Genesis Custody Limited ("Genesis Custody").[citation needed] Genesis Trading provides over-the-counter (OTC) trading services for large-volume digital assets transactions.[citation needed] Genesis' lending business offers institutional lending services to clients who want to borrow or lend digital assets.[citation needed]
Genesis filed for Chapter 11 bankruptcy on January 19, 2023, to request court protection to reorganize its digital assets lending and borrowing business.
Founded in 2013, Genesis Global Trading, Inc. operates as a subsidiary of the Digital Currency Group, a venture capital company founded by Barry Silbert.
Genesis' business consists of entities that provide trading, lending, and custody digital assets, targeting institutional clients and high-net-worth individuals. They claim to have been the first OTC Bitcoin trading desk, launched in 2013.
Genesis acquired the London-based crypto asset custodian company Volt in early 2020. Grayscale Investments' crypto assets were held by Xapo, which Coinbase bought in 2019. After the Volt acquisition, Genesis moved its crypto custody from Coinbase to Grayscale.
In early July 2022, Genesis' parent company Digital Currency Group (DCG) took on some of Genesis' debts to keep the company afloat after it was left exposed to losses from loans made to Singapore-based crypto lender Babel Finance and the bankrupt crypto hedge fund, Three Arrows Capital (3AC).
Former CEO Michael Moro stepped down from his post on August 17, 2022. Genesis COO Derar Islim assumed the role of Interim CEO.
Hub AI
Genesis (cryptocurrency company) AI simulator
(@Genesis (cryptocurrency company)_simulator)
Genesis (cryptocurrency company)
Genesis is a cryptocurrency intermediary for institutional investors, with Digital Currency Group (DCG) as its parent company.
Genesis operates several businesses, including Genesis Global Trading, Inc. ("GGT"), Genesis Global Capital, LLC ("GGC"), Genesis Asia Pacific Pte. Ltd. ("GAP"), GGC International Limited ("GGCI"), and Genesis Custody Limited ("Genesis Custody").[citation needed] Genesis Trading provides over-the-counter (OTC) trading services for large-volume digital assets transactions.[citation needed] Genesis' lending business offers institutional lending services to clients who want to borrow or lend digital assets.[citation needed]
Genesis filed for Chapter 11 bankruptcy on January 19, 2023, to request court protection to reorganize its digital assets lending and borrowing business.
Founded in 2013, Genesis Global Trading, Inc. operates as a subsidiary of the Digital Currency Group, a venture capital company founded by Barry Silbert.
Genesis' business consists of entities that provide trading, lending, and custody digital assets, targeting institutional clients and high-net-worth individuals. They claim to have been the first OTC Bitcoin trading desk, launched in 2013.
Genesis acquired the London-based crypto asset custodian company Volt in early 2020. Grayscale Investments' crypto assets were held by Xapo, which Coinbase bought in 2019. After the Volt acquisition, Genesis moved its crypto custody from Coinbase to Grayscale.
In early July 2022, Genesis' parent company Digital Currency Group (DCG) took on some of Genesis' debts to keep the company afloat after it was left exposed to losses from loans made to Singapore-based crypto lender Babel Finance and the bankrupt crypto hedge fund, Three Arrows Capital (3AC).
Former CEO Michael Moro stepped down from his post on August 17, 2022. Genesis COO Derar Islim assumed the role of Interim CEO.