What Happened This Week in the Digital Assets Markets?
Week-over-Week Price Changes (as of Sunday, 5/01/22)
“In Q1 2022, Genesis originated more than $44 billion worth of loans, had $14.6 billion worth of active loans as of the end of Q1 (17% higher than Q4 2021 and 62% higher compared to Q1 2021), supported $27.8 billion worth of derivatives notional value (up 33%+ from Q4 2021), and had $11.4 billion worth of spot volume traded.
Additionally, the fact that Genesis started with mining companies and VCs before acknowledging their conversion of TradFi asset managers to the space indicates that a more crypto native audience still dominates the institutional world.”
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