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
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