Market Cap: $2,404,714,341,599
24h Vol: $111,795,950,560
Cryptocurrencies: 28570
Markets: 116733
Cryptocurrencies: 28570
Markets: 116733
Market Cap: $2,404,714,341,599     
24h Vol: $111,795,950,560
CoinGape 2022-11-22 07:20:52

Genesis Facing Both Liquidity And Insolvency Issues, Here’s Why

Genesis Facing Both Liquidity And Insolvency Issues, Here’s Why
Crypto brokerage firm Genesis reduced its fundraising target from $1 billion to $500 million after facing difficulty raising fresh capital. Ram Ahluwalia, CEO of Lumida Wealth Management, believes Genesis is not just facing liquidity issues, but also insolvency. DCG and Grayscale are facing the contagion effect as a result of Genesis. Genesis Facing Liquidity and Insolvency The post Genesis Facing Both Liquidity And Insolvency Issues, Here’s Why appeared first on CoinGape .
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