Insights

Quarterly Insights

2020 Q1 Digital Asset Lending Snapshot

  • Matt Ballensweig
  • Roshun Patel
  • Leon Marshall

Summary Statistics

  • 2020 Q1 Originations: $2.0B
  • Originations ITD: $6.2B
  • Total Active Loans as of Mar 2020: $649M
  • Reached $1B+ in Active Loans on Feb 14, 2020

2020 Q1 Digital Asset Lending Snapshot

Genesis had its largest quarter ever in its digital asset lending business in Q1. We added more than $2B in new originations, doubling the previous record of $1B set last quarter, and up 354% from the same quarter last year. Active Loans Outstanding touched $1B in mid-February before settling to $649M at the end of the quarter. Active Loans were up ~20% from the previous quarter despite a 50% intraday drawdown in the price of BTC in mid-March.

Recent reports

Recent reports

Tap to Scroll

Disclosures
Trading
OTC “digital,” “crypto” and “virtual” currencies are not securities and your cryptocurrency trading is not protected by either the FDIC or SIPC.
Custody
“Digital,” “crypto” and “virtual” currency custodial services are not protected by either the FDIC or SIPC.