{"id":66288,"date":"2018-10-21T01:28:04","date_gmt":"2018-10-21T05:28:04","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=66288"},"modified":"2018-10-23T01:13:22","modified_gmt":"2018-10-23T05:13:22","slug":"trading-firm-genesis-loaned-553-million-in-crypto-since-march","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2018\/trading-firm-genesis-loaned-553-million-in-crypto-since-march.html","title":{"rendered":"Trading Firm Genesis Loaned $553 Million in Crypto Since March"},"content":{"rendered":"<p>\n(Bloomberg) Genesis Global Trading, one of the largest over-the-counter cryptocurrency dealers, said it has loaned digital assets valued at more than half a billion dollars to institutional borrowers including hedge funds and other financial firms. The New York-based firm began lending digital currencies in March and has $130 million in active loans denominated in Bitcoin, Ether, XRP, Bitcoin Cash and other coins, it said Thursday in a statement. Borrowers have used the assets to short digital currencies, hedge investments of fund business operations, Genesis said. <\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-10-18\/trading-firm-genesis-loaned-553-million-in-crypto-since-march\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Genesis Global Trading, one of the largest over-the-counter cryptocurrency dealers, said it has loaned digital assets valued at more than half a billion dollars to institutional borrowers including hedge funds and other financial firms. The New York-based firm began [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66288","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=66288"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66288\/revisions"}],"predecessor-version":[{"id":66289,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66288\/revisions\/66289"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=66288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=66288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=66288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}