About Genesis Global Trading
Genesis Global Trading provides a trading platform for institutional investors to trade digital assets like cryptocurrencies. The platform is designed to handle large orders and ensure liquidity by maintaining a balance of buyers and sellers. They offer various financial products, including options and structured products, and generate revenue through fees based on trade size and complexity. Genesis stands out by combining traditional trading practices with cryptocurrency, having launched the first over-the-counter bitcoin trading desk in 2013.
New York City, New YorkHeadquarters
2013Year Founded
$136.2MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees
Benefits
Medical, dental, & vision coverage
FSA & HSA
Tax-free transit benefits & other supplemental benefits available
Flexible time off
Generous parental leave
Risks
Genesis' asset liquidation plan may delay its bankruptcy process.
$3 billion fraud allegations could impact Genesis' reputation and operations.
Forfeiture of BitLicense and $8M fine highlight regulatory challenges for Genesis.
Differentiation
Genesis combines Wall Street experience with deep cryptocurrency market understanding.
It was the first to launch an OTC bitcoin trading desk in 2013.
Genesis offers a comprehensive platform for trading, derivatives, borrowing, lending, and custody.
Upsides
Increased institutional interest in digital assets boosts demand for Genesis' platform.
The rise of DeFi creates opportunities for Genesis to expand its financial products.
AI integration enhances Genesis' trading efficiency and risk management.
Funding
Total raised$136.18 M
Latest valuation$700.00 M
StageLATE_VC
LATE VC
10/31/2022$140
$700.00 M