Genesis Global Trading owes creditors $3 billion, according to the Financial Times, and its once-well-heeled parent company Digital Currency Group is now exploring the possibility of selling assets to meet obligations.
Genesis parent company DCG, which also controls crypto media outlet CoinDesk and investment manager Grayscale, has an expansive portfolio worth $500 million that it could sell to raise funds, the FT reported, citing people familiar with the matter.
