Commences voluntary Chapter 11 restructuring of lending business to further advance ongoing stakeholder discussions and optimize outcome for Genesis clients and Gemini Earn users Outlines Chapter 11 ...
Genesis Global Trading, a subsidiary of the crypto conglomerate Digital Currency Group (DCG), filed for Chapter 11 bankruptcy in the Southern District of New York (SDNY) court late Thursday night.
Coinbase Global Inc. (NASDAQ:COIN) has unveiled a new cryptocurrency lending service for U.S. institutional investors, aiming to step in where companies like BlockFi Inc. and Genesis Global stumbled.
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