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Genesis Global Trading, Inc. was founded in 2013. [4] It is a subsidiary of the Digital Currency Group, a venture capital company founded by Barry Silbert. [3] Genesis' business consists of entities that provide trading, lending, and custody digital assets, targeting institutional clients and high-net-worth individuals.
On Aug. 29, Genesis said it reached an agreement in principle with DCG and unsecured creditors, where to satisfy those obligations DCG would pay $275 million, and take out $1.16 billion of new ...
Genesis Global Capital. Grayscale Investments. Luno. Website. dcg.co. Digital Currency Group (DCG) is a venture capital company focusing on the digital currency market. It is located in Stamford, Connecticut. [2] The company has the subsidiaries Foundry, Genesis, Grayscale Investments, and Luno. It also formerly owned CoinDesk.
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The program, called Gemini Earn, marketed itself as a low-risk investment in which customers could lend crypto assets to Genesis while earning interest payments as high as 8%.
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