Genesis was a pioneer in the digital currency market, launching the first U.S.-based Bitcoin over-the-counter (OTC) trading desk in 2013. As a subsidiary of the Digital Currency Group (DCG), it grew into one of the largest institutional digital asset lenders and prime brokers, offering sophisticated trading, lending, and custody services to a global client base of financial institutions, corporations, and high-net-worth individuals. The company's business was severely impacted by the collapses of Three Arrows Capital (3AC) and FTX, leading to a suspension of customer withdrawals in November 2022 and a subsequent filing for Chapter 11 bankruptcy protection in January 2023.

Founded in

United States