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On February 10, Genesis filed with the court an agreement in principle with DCG and key groups of creditors. See below for a statement from Derar Islim, Genesis Interim CEO:
Genesis today moved a step closer to a resolution for our lending business that maximizes value for all clients and stakeholders. We have filed with the court our previously announced agreement in principle with DCG and key groups of creditors. We thank our talented team at Genesis for their ongoing dedication and commitment, and are excited about working together to build Genesis for the future.
Genesis is a premier institutional digital assets financial services firm providing a single access point for select qualified individuals and global institutional investors. Genesis combines best-in-class client service, unrivaled operational excellence and a seamless user experience to provide investors with a full suite of services to manage their portfolios.
The firm offers sophisticated market participants an integrated platform to trade digital assets, creating pathways to benefit from market opportunities while increasing capital efficiency for counterparties.
For more information on Genesis, please visit genesistrading.com.
FGS Global for Genesis[email protected]