MoversSomeguy↓416Afi↓374aadvark↓2630xSammy↓253Mitsuo↓249Tradevitalik.eth↑43.1%Anton Boiarchuk↑9.6%Biti8↑3.2%Cuzzo 🛡️↓4.2%VouchesMLO990 WHUF → Serpin TaxtMLO496 WHUF → CirrusMLO100 WHUF → Phoenix 🐦‍🔥MLO100 WHUF → OSFReviewsJeetupositive · 80 upvotesjeff.hlpositive · 46 upvotesDegen Ape Traderpositive · 41 upvotesaikendrum.ethpositive · 31 upvotes
Profile· Known@GenesisTradingOn Ethos
Genesis

Genesis

19 reviews, 95% of them positive.95% positive · 19 reviews· Influence factor 33, above 6% of accounts
“A Leading Financial Services Firm in Digital Asset Markets”Genesis is a premier institutional financial services firm specializing in digital asset markets, providing a single access point for qualified individuals and global institutional investors. Founded in 2013 by Barry Silbert under the Digital Currency Group (DCG), Genesis launched the first over-the-counter (OTC) Bitcoin trading desk and has since grown into one of the largest players in the crypto industry, facilitating billions in trades, loans, and derivatives annually []. Operating from New York with branches in London and Singapore, Genesis offers a comprehensive suite of services, including spot and derivatives trading, lending, borrowing, hedging, and structured products, all designed to maximize capital efficiency and market opportunities []. Its platform is tailored for sophisticated investors, combining best-in-class client service, robust risk management, and seamless integration with liquidity providers []. Despite its prominence, Genesis faced significant challenges, including a 2023 Chapter 11 bankruptcy filing due to liquidity issues stemming from exposure to Three Arrows Capital (3AC) and FTX, with liabilities estimated between $1.2–11 billion []. The bankruptcy, resolved in 2024, led to creditor repayments and a pivot away from lending, though its trading arm remains active []. Genesis’s market-making expertise and partnerships with projects like Uniswap and Kairon Labs align it with the broader Web3 ecosystem, though regulatory scrutiny and competition from DeFi platforms pose ongoing risksLiuseco · 1254· 1y ago2
‹ Back19 of 19 · most upvoted first