Genesis spot volume up 287% in Q1, corporate treasury service takes off
Genesis Global Trading released its Q1 report on April 28, with corporates leading trading volumes, accounting for $8 billion in spot trading alone. Leading full-service cryptocurrency prime broker Genesis Global Trading has seen spot trading treble in the first quarter. Corporate interest accounted for the biggest slice of trading, with Genesis attributing part of its success to its Bitcoin treasury product “Genesis Treasury”. The Q1 report released on April 28 revealed the firm had processed $31.5 billion in spot trading volume — a 287% increase from $8 billion in Q4 2020. It also saw....
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