Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest

Genesis Capital said Tuesday that its total number of loans outstanding more than doubled to $1.4 billion for the second quarter to June, up from $649 million three months earlier. The crypto lender, which targets institutional investors and wealthy individuals, added over $2.2 billion in new originations, an increase of 324% year-on-year. Since the launch … Read more