DEVELOPMENT WITH IT

Last updated: June 16, 2025, 06:28  |  Written by: Vitalik Buterin

Development With It
Development With It

Crypto Brokerage Genesis Global Trading

Crypto Broker Genesis Says Outstanding Loans Sank 43% in Third

Genesis Balance Sheet Reveals $2.8 billion in

Crypto brokerage Genesis Global Trading had $2.8 billion in active loans outstanding at the end of September, down 43% from $4.9 billion at the end of June, Genesis

Genesis

Genesis Has $2.8 Billion in Outstanding Loans, Parent

Sources: Genesis Global has $2.8B in outstanding loans, including

Genesis’ crypto lending unit, which had $2.8B in active loans in Q3, suspends redemptions and new loan originations; trading and custody units are unaffected

Troubled Crypto Lender Genesis Global

Troubled crypto lender Genesis Global has outstanding loans of $2.8 billion on its balance sheet, with around 30% of lending made to related parties, including parent company Digital

Genesis Reportedly Has $2.8 Billion in Outstanding Loans

As per the reports from Bloomberg, Genesis’s balance sheet shows $2.8 billion in outstanding loans. Thirty percent of its lending is related to its parent company, Barry

The Troubled Brokerage Genesis Global

Genesis has $2.8 billion in outstanding loans on balance sheet

The troubled brokerage Genesis Global has $2.8 billion in outstanding loans on its balance sheet, with about 30% of its lending made to related parties including its parent company, Barry Silbert’s Digital Currency Group, according to people familiar with the matter.

Genesis Global Sees $2.8B Loans, Sent to Digital Currency Group

Genesis Balance Sheet Reveals Web of Loans Across Silbert Empire

Vitalik Buterin can be reached at [email protected].

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