Crypto broker Genesis halts withdrawals as FTX implosion continues
Genesis blamed FTX’s spiral and the subsequent “unprecedented market turmoil” it had caused.
Genesis blamed FTX’s spiral and the subsequent “unprecedented market turmoil” it had caused.
New options build upon the group’s existing crypto product suite, which includes Bitcoin and micro-sized Bitcoin options.
Approval positions Genesis Custody as one of the few crypto custodians approved to continue operating in the UK market.
The application was developed in partnership with XP Investments, the US-based subsidiary of Brazilian broker-dealer XP Investimentos.
The low-code application platform and library from Genesis Global Technology will be added to Symphony as part of new partnership.
Citi has made an investment in Genesis via its Markets FinTech Investments and SPRINT groups.
As digital asset firms look to reach institutional investors, the largest players have realised the need for prime brokerage services and appear to have all made their moves at once.
Nick Kolba will head up the flagship genesis low code application platform, after almost four years with OpenFin, most recently as chief product officer.
BTON Financial has entered into partnership with genesis, which will act as the outsourced trading provider’s technology partner.
genesis has appointed Felipe Oliveira as its new global head of sales and marketing in line with expansion strategy.