Tag: Genesis

Bankruptcy chapter 11
January 20, 2023 BY Steffy Bogdanova

Genesis Global files for bankruptcy

Paul Aronzon, an independent director at Genesis, said: We have crafted a deliberate process and roadmap through which we believe we can reach the best solution for clients and other stakeholders. We look forward to advancing our dialogue with DCG and our creditors’ advisors as we seek to implement a path to maximize value and…

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January 19, 2023 BY Steffy Bogdanova

Crypto bank Genesis to file for bankruptcy

A bankruptcy filing has been in the works for weeks after the bank froze all customer withdrawals on 16 November. The events followed the collapse of major crypto exchange FTX. The liquidity crisis also impacted Genesis’ partnership with Gemini, founded by the Winklevoss twins. The two companies had an agreement to offered a crypto lending…

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Forex Weekly Look Back
February 12, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: StoneX revenue up 1,200%, FXSpotStream appoints Matthew Fic as Americas Head of Sales

Multi-asset broker Exness will be taking part in the iFEX virtual expo on the 10th and 11th of February as a strategic sponsor. The first financial virtual expo in the MENA region will attract attendees from leading brands in the online trading, fintech, banking, digital assets, blockchain, and payments sphere, in a full-scale, highly immersive…

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StoneX
February 12, 2021 BY Steffy Bogdanova

StoneX taps Genesis low-code application platform to digitise middle office workflows

The Genesis Low-Code Platform (LCAP) is the only low-code platform native to financial markets and created to focus on the specific requirements of the industry. It offers rapid creation and deployment of applications to meet the traditional automation and simple Business Process Management (BPM) needs and the complex use cases requiring event handling processors and…

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acquisition
February 10, 2021 BY Steffy Bogdanova

Fintech firm FDCTech to acquire Genesis Financial

Genesis operates its business mainly in the Asia-Pacific region through two Australian entities. The company reported consolidated revenue and EBITDA of USD 15.6 million and USD1.2 million, respectively for 2020.  With FDC's software development resources, Genesis is planning to expand in Australia's fragmented Independent Dealer Group business sector. FDC's Chief Executive Officer, Mitchell M. Eaglstein,…

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partnership
December 16, 2020 BY Steffy Bogdanova

B3 taps Genesis Low-Code Application Platform for Brazil’s financial markets

The collaboration between the two companies follows a thorough due diligence process and review of a number of low-code platforms. B3 selected Genesis to deliver a Proof-of-Concept (PoC) to process and test millions of real-time post-trading allocation messages, in a low-latency and high-throughput secure and performant environment. Within a period of six week, the PoC…

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CryptoKaiju launches crypto-themed vinyl toys, fully traceable on a public blockchain
November 30, 2018 BY Valentina Kirilova

CryptoKaiju launches crypto-themed vinyl toys, fully traceable on a public blockchain

The blockchain startup CryptoKaiju has just announced the launch of its individual product. CryptoKaiju is producing the world's first vinyl toys fully traceable on a public blockchain. Kaiju has also released the launch of its subscription box service. Kaiju’s first figure name is Genesis and illustrates a Bitcoin-themed traditional Kaiju monster. Genesis figures are only 130 and their shipment…

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