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03 June 2020

Genesis Trading Buys Crypto Custodian Vo1t in Bid to Become Prime Broker - CoinDesk

Genesis Trading Buys Crypto Custodian Vo1t in Bid to Become Prime Broker - CoinDesk


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Genesis Trading Buys Crypto Custodian Vo1t in Bid to Become Prime Broker.

The New York-based trading firm, which is a subsidiary of CoinDesk parent firm Digital Currency Group, acquired Vo1t to begin developing a full suite of prime brokerage services under one roof, including lending, trading and custody.

This is the first time Genesis has disclosed its strategy to become a prime brokerage.

Digital asset services firm Bequant also announced a full suite of prime brokerage services and 18 sources of liquidity earlier this month.

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