Market Cap: $2,168,578,937,390
24h Vol: $52,275,033,274
Cryptocurrencies: 29370
Markets: 112909
Cryptocurrencies: 29370
Markets: 112909
Market Cap: $2,168,578,937,390     
24h Vol: $52,275,033,274
cryptonews 2023-01-13 12:21:00

Genesis Owes Its Creditors $3 Billion - Is That too Much for DCG to Swallow? Barry Silbert Breaks Silence on Twitter

Genesis Owes Its Creditors $3 Billion - Is That too Much for DCG to Swallow? Barry Silbert Breaks Silence on Twitter
Digital Currency Group's crypto brokerage firm Genesis owes over $3 billion to creditors, pressing the crypto conglomerate to consider selling assets in its large venture portfolio to raise money. According to a report by the Financial Times, DCG, the parent company of Genesis, plans to raise fresh cash after its lending arm took heavy losses in the wake of FTX's collapse back in November. The company is considering selling parts of its VC assets worth around $500 million. ... Read More: Genesis Owes Its Creditors $3 Billion - Is That too Much for DCG to Swallow? Barry Silbert Breaks Silence on Twitter
esptco-banner img
Latest News

Videos

  • 0x (ZRX): What is 0x? (ZRX) (EXPLAINED)

  • DCA: Dollar Cost Averaging in Crypto

  • Solana Coin (SOL): Everything You Need to Know

  • What is Bitcoin (BTC) & How it Works? Simply Explained!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire