Genesis Capital Has a Blowout Second Quarter

in #bitcoin2 years ago

Genesis Capital, an affiliate of Genesis Trading, offers institutions the ability to borrow bitcoin, ether, litecoin and other digital currencies in large sizes over fixed-terms.

The second quarter was a blowout, it had record growth in crypto loans, and cumulative loans reached $2.3 billion.

More below.

During the quarter is originated $746 million in loans.

Loan growth hit 48% quarter-on-quarter while outstanding loans grew 149% to $452 million.

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