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The crypto winter has been a blessing for this trading firm’s billion dollar lending business

The bitcoin market is in turmoil, but crypto lenders are thriving

Genesis Global Trading, the New York-based crypto trading shop, said its lending unit lent out digital assets of more than $1.1 billion in 2018. In the last three months of 2018 alone, the company originated $500 million worth of crypto loans, supported by borrowers who took a bet against the crypto market.






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