The site is at: http://genesistrading.com
Genesis Trading Launches as First Broker-Dealer Specializing in Digital Currency Trading As a trading division of SecondMarket, Inc., Genesis will focus on helping large institutions access bitcoin and other digital currencies April 16, 2015, NEW YORK - Genesis Trading (www.genesistrading.com), a wholly owned subsidiary of Digital Currency Group (DCG) and division of the broker-dealer SecondMarket, Inc., today officially launched as the first broker-dealer in the United States to specialize in the trading of digital currencies, including bitcoin. “Our goal is to become the partner of choice for large institutional buyers and sellers who are beginning to recognize the economic potential of digital currency,” said Brendan M. O’Connor, CEO of Genesis Trading.
As a part of SecondMarket, Inc., the trading division now rebranded Genesis Trading has successfully executed over $25 billion in the trading of specialized fixed income securities. Since 2013, the division also executed trades for more than 800,000 bitcoins worth more than $300 million, making the company the bitcoin industry’s largest OTC trading desk.
“We have been working toward this launch for a long time and this is a very exciting day for our entire team,” added O’Connor. “Our team has provided unparalleled execution and client service to the institutional and high net worth community for more than seven years. We look forward to bringing the same level of professionalism to this game-changing, new asset class.”
Based in the heart of New York’s Flatiron District, Genesis Trading will continue to occupy space in its current location at 636 Avenue of the Americas, along with its parent company, DCG. “Digital Currency Group is focused on launching and investing in the groundbreaking digital currency companies that will shape the future of financial services,” said DCG founder Barry Silbert, who previously founded SecondMarket. “As the leader in institutional-focused digital currency trading, Genesis will be a key piece of the industry’s infrastructure for years to come. We are thrilled to continue to work with Brendan and his team to bridge the gap between the bitcoin community and Wall Street.”
About Genesis Trading: Genesis Trading is an institutional trading firm offering two-sided liquidity for digital currency. As a division of SecondMarket, Inc., an SEC licensed broker-dealer regulated by FINRA and the SEC, Genesis buys and sells large blocks of digital currency in a simple and secure process. SecondMarket, Inc. is a wholly owned subsidiary of Digital Currency Group (DCG), which is a multi-faceted company focused on the development of the digital currency industry.
For inquiries, please contact [email protected] or visit our website at www.genesistrading.com.