Tagged: genesis

Digital Currency Trading & Lending Platform Genesis Collaborates With Luno to Create Alternative Savings Products

Genesis, a digital currency trading and lending platform, announced on Thursday it has teamed up with cryptocurrency exchange Luno to enable interest-bearing products customized for the Luno community as well as provide Luno customers with access to earn interest on their crypto holdings. Genesis further… Read More

Digital Currency Group, Parent of Genesis, Commits $25 Million to Circle

Circle, a digital asset ecosystem that is focusing on stablecoins, has received a $25 million investment from the Digital Currency Group – parent of Genesis. Once more of a crypto-exchange, Circle has pivoted a bit to service other sectors of digital assets. In Q2 of… Read More

Circle Teams Up With Genesis to Advance Adoption of Stablecoins in Mainstream Finance

Global fintech Circle announced on Thursday it has joined forces with digital asset prime brokerage firm Genesis to accelerate the adoption and acceptance of digital dollar stablecoins in mainstream finance. According to Circle and Genesis, the partnership includes a $25 million investment of capital into Circle… Read More

Digital Currency Trading & Lending Platform Genesis Unveils Derivatives Trading Desk

Genesis, a digital currency trading and lending platform, announced on Thursday it has launched a derivatives trading desk. The company reported that offering expands its suite of digital asset trading, institutional lending, custody, and prime services. According to Genesis, the Genesis trading desk will be… Read More

Digital Currency Trading & Lending Platform Genesis Acquires Institutional Custodian Vo1t

Genesis, a digital currency trading and lending platform, recently announced it has acquired Vo1t, an insured digital institutional custody service. Genesis reported that the acquisition will supplement its current services, which include global over-the-counter trading and institutional lending. The acquisition will also enable Genesis to… Read More

Fintech Open Source Foundation Adds New Members: Adaptive Financial Consulting, genesis, Itaú Unibanco, Brazil’s Largest Bank

The Fintech Open Source Foundation (FINOS) revealed on May 6, 2020, that it added three newly established financial services and technology firms to its team – which includes major financial institutions, Fintech service providers, and several consulting companies. The three new Silver members include Adaptive,… Read More

genesis, a Global Financial Markets Software Firm, Secures $1.8 Million in Funding in Round Led by Illuminate Financial Management

genesis, a global financial markets software company, revealed on December 18 that it had finalized its second funding round by acquiring $1.8 million of capital. The firm’s round was led by Illuminate Financial Management, a UK-headquartered capital markets VC company and Tribeca Early Stage Partners,… Read More

Report: Former Wall Street Traders Warn of Crypto Lending Bubble

The availability of cheap, cryptocurrency-collateralized loans is growing unsustainably and could induce a crisis, two former Wall Street traders now working in crypto lending have told Bloomberg. According to the outlet, the crypto-collateralized loan industry is a relatively new one that mostly emerged in the… Read More

Genesis Reports $746 in Crypto Lending/Borrowing Originations in Q2: Best Quarter Ever

Genesis, a digital asset trading and lending platform that is also a broker-dealer registered with FINRA, and a BitLicense holder with the New York State Department of Financial Services, reports that its services are booming. According to a release from last week, Genesis’ Q2 performance… Read More

MC Payments Gains Control of Genesis Payment Solutions

Singapore-based MC Payments has acquired a controlling stake in Genesis Payment Solutions.  Genesis is a company that is used by Alipay, part of Alibaba, to acquire merchant accounts on its behalf. Genisis helps retailers process payments from Chinese tourists using Alipay – the country’s leading… Read More

arkOS Crowdfunding An Open-Source, Raspberry Pi-Powered Google Fighter

What did you do when Google killed Google Reader, much to the chagrin of many of the service’s fans? Jacob Cook declared war. Well, not literally. What he did do was begin to work on arkOS, a Linux-based operating system that aims to replace all-knowing… Read More

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