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The Daily Hodl
2023-01-12 23:01:46

With Genesis Over $3,000,000,000 in Debt, Digital Currency Group Weighs Selling Venture Portfolio Assets: Report

With Genesis Over $3,000,000,000 in Debt, Digital Currency Group Weighs Selling Venture Portfolio Assets: Report

A new report claims that the parent company of crypto broker Genesis is considering selling venture capital assets to pay back creditors. With Genesis more than $3 billion in debt, the Financial Times reports that Digital Currency Group (DCG) is mulling selling parts of their venture capital holdings, worth up to $500 million, to help make up The post With Genesis Over $3,000,000,000 in Debt, Digital Currency Group Weighs Selling Venture Portfolio Assets: Report appeared first on The Daily Hodl .

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