Contagion Next up in the FTX drama is Genesis Trading, perhaps the largest prime broker in the digital asset sector. Genesis is owned by the Digital Currency Group (DCG) who also happen to own the largest bitcoin fund in the world, the Grayscale Bitcoin Trust (GBTC). GBTC trades now at a 43% discount to its

Things we cannot say A forbidden topic. It’s just a thought. Emerging from the wreckage of FTX to lead the industry is a Chinese-Canadian guy who bootstrapped a business into a multi-billion dollar business. For the first 12 months of his operation nobody would give him a bank account, so he had to build his

Fried Before we begin, I should make clear that ListedReserve has no exposure to FTX or the FTT token. This week’s drama being a good lesson in why segregated custodial arrangements for digital assets are vital. I suppose they will make a movie from this one day. In the battle of the crypto-billionaires this week

Risk-free These are nervous times for investors looking for shelter. Taking up the challenge is BlackRock, who when they aren’t buying all the family homes in America, also operate the iShares Treasury ETF. Their website provides helpful resources showing exactly what historic returns would be for plucky bond investors. In circumstances like these, capital preservation