Today Genesis released their Digital Asset Lending Snapshot for Q4 2019; according to the press release: “The quarter was the...
Genesis Capital is based in Los Angeles and provides capital to house flippers; they were founded in 2007 and lent $1 billion last year; the move shows Goldman’s continued interest in other areas outside their trading business; investor spending on the fix and flip market has grown recently, but still remains below pre-crisis levels. Source
Crypto lenders like BlockFi and Genesis Capital have been pushing the tax free perk in a bid to get more...