Genesis Sees $7.6B in Digital Currency Loan Originations During Q4 2020
Summary
NEW YORK--(BUSINESS WIRE)--Genesis, an industry pioneer and leader in digital currency prime brokerage services, today released its Q4 2020 Market Observations Report. This report sheds new light on the digital currency market’s hallmark year through activity and trend analysis from the firm’s lending, spot, and derivatives trading desks. In Q4 2020 alone, Genesis, across its entities, began supporting ADA, YFI, THETA, COMP, UNI, DOT, LINK, ALGO, ATOM, AAVE, SNX, RUNE, SOL, and FIL. Genesis is a full-service digital currency prime brokerage providing a single point of access for global high net worth and institutional investors. The firm offers sophisticated market participants a fully-integrated platform to trade spot, futures, options, borrow, lend, and custody digital assets, creating new opportunities for yield while increasing capital efficiency for counterparties.