Genesis Global Trading

Genesis Global Trading

Genesis Global Trading was a digital asset brokerage and prime broker serving institutional clients. The firm operated from Menlo Park with additional offices in Stamford, New York, Beijing, Santa Monica, and San Francisco. It provided spot and derivatives trading, lending, and hedging products to hedge funds, asset managers, and other institutional market participants. The firm's business model centered on offering sophisticated execution and capital markets access across digital asset classes. It served clients globally, with a footprint spanning the United States and China. Genesis Global Trading was separate from the lending arm that became the focus of its Chapter 11 filing. On January 19, 2023, Genesis Global Trading and certain related entities filed voluntary Chapter 11 petitions in the United States Bankruptcy Court. The restructuring process is ongoing, and the firm is no longer an active trading business. Its website now directs inquiries to a restructuring portal and a support email address. The firm's collapse highlighted the structural risks in cryptocurrency prime brokerage, where balance-sheet counterparty exposure and lack of regulatory oversight created systemic fragility. Genesis Global Trading's failure, alongside other crypto lenders, reshaped the regulatory landscape for institutional digital asset access.