Crypto lender Genesis Global Halts Withdrawals
Crypto lender, Genesis Global Trading is temporarily suspending redemptions and new loan originations in the wake of FTX’s collapse. Following the collapse of FTX, the lending division of cryptocurrency investment bank Genesis Global Trading has temporarily stopped accepting redemptions and initiating new loans, Interim CEO Derar Islim informed customers in a call on Wednesday. According […]
Crypto Tokens To Become Securities According To Grayscale
Grayscale said in recent filings that the three crypto tokens “may be a security based on the facts as they stand right now.” The U.S. Securities and Exchange Commission (SEC) has asked Grayscale Investments LLC about its “security law analysis” of tokens in some of its less popular crypto trusts. The investigation, which Grayscale revealed […]
Grayscale Launches European Crypto ETF Amid Market Crash
Grayscale plans to introduce a less-risky crypto ETF that will be traded across Europe. Grayscale Investments announced the launch of several new European-listed products as part of its transatlantic debut on Monday. Grayscale Future of Finance UCITS ETF will be launched in Europe by the asset manager. Grayscale’s first European fund will be listed on […]
GrayScale plans to enter European market
According to Bloomberg, cryptocurrency asset manager GrayScale is planning to harness the opportunities of the European market. GrayScale, a crypto assets management firm, aims to join the European market, according to Bloomberg. For the time being, it’s unclear which countries GrayScale’s expansion request includes. Michael Sonnenshein, the company’s CEO, argues that the strategy would be […]
Grayscale Removes Sushi And Synthetix From Its DeFi Fund Rebalancing
Grayscale, a cryptocurrency asset management firm, has added three new crypto assets to its funds while removing SushiSwap and Synthetix from its DeFi Fund following its first quarterly rebalance. Grayscale, a digital asset management firm, has added three new cryptocurrency assets across three main investment funds, while eliminating two additional assets from its Decentralized Finance […]