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January 30, 2019  

Crypto Lender Gaining Momentum

Slumping digital-asset prices are fueling the growth of a Genesis Global Trading affiliate that arranges for institutional investors to borrow those products, mainly for short sales.The New York operation, Genesis Global Capital, was involved in $500 million of digital-asset loan originations during the fourth quarter of 2018 — bringing its total activity to $1.1 billion since it launched in March 2018. It finished the year with an...

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