Insights

2020 Q2 Digital Asset Market Report

The Genesis Digital Asset Market Report provides a detailed look at our record Q2, with $7.5B in trades and new loan originations. Across Q2 Genesis saw $5.2B in spot trading volume, up $1.2B from the first quarter of the year. Our lending business added over $2.2B in originations, marking our largest quarter ever with a 324% increase in originations y/y. Active loans outstanding increased 118% from Q1. Cumulative originations increased for a ninth consecutive quarter, with total originations reaching $8.4B since March 2018. Genesis launched its derivatives trading desk at the end of May. In its first full active month, the desk traded $400mm notional across forwards and options.