Cryptocurrency

Crypto Lender Genesis Contagion Continues – Bitcoin Magazine

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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazines premium market newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.

Genesis Looks For Liquidity Injection

If you don’t know about Genesis Trading perhaps you should. They represent the backbone infrastructure of the institutional investor base in the bitcoin and broader crypto markets. For lending, trading, hedging, exchange yields and more, Genesis Trading was the brokerage to facilitate all of this activity in the space. Remember those juicy yields from the BlockFi and Gemini Earn products in the space? Genesis is the middleman between those platforms and hedge funds to generate that yield.

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