Founded in 2013 as one of the first trading desks dedicated to digital assets, Genesis grew into a full-service prime brokerage under its parent company, Digital Currency Group (DCG). The company offered a sophisticated suite of services including institutional-grade over-the-counter (OTC) trading, derivatives, borrowing, lending, and custody. It became a cornerstone of the institutional crypto market but faced a severe liquidity crisis following the collapse of Three Arrows Capital and FTX, leading it to halt withdrawals in November 2022 and subsequently file for Chapter 11 bankruptcy in January 2023.

Founded in

United States