Crypto dealer Genesis owes collectors greater than $3 billion, an individual aware of the matter informed Reuters, as woes pile up for its proprietor, enterprise capital firm Digital Foreign money Group (DCG).
DCG is contemplating offloading elements of its enterprise capital holdings to boost cash, the Financial Timesreported Thursday. DCG’s portfolio consists of 200 crypto-related initiatives comparable to exchanges, banks and custodians in not less than 35 nations, and are price about $500 million, the report added.
