Genesis to Join ISDA05.04.2022
Genesis, a digital asset industry pioneer and the premier institutional crypto derivatives provider, announced that GGC International Limited has joined the International Swaps and Derivatives Association (ISDA) as a Primary Member.
Genesis is now a Primary Member of @ISDA, joining the 200+ institutions that trade #derivatives and hold that designation! We're excited to contribute to the work to develop stable financial markets and a strong financial regulatory framework.
Release: https://t.co/uXjWqmikCY pic.twitter.com/yy5xT2gPzA
— Genesis (@GenesisTrading) May 3, 2022
Genesis, through its GGC International Limited entity, was one of the first participants in the crypto derivatives market and enters into over-the-counter derivatives referencing a broad range of digital asset underliers. Its expert team of trading professionals facilitates transactions for both crypto-natives and traditional financial market participants who want to enter this unique market. As a member of ISDA, Genesis will continue to help shape the direction of the digital asset derivatives markets towards making them safe and efficient for all participants.
“Genesis is a pioneer in crypto liquidity, in spot OTC, lending, and bilateral OTC derivatives,” said Josh Lim, Head of Derivatives at Genesis. “As one of the earliest dealing desks to provide options liquidity to crypto-native hedge funds and corporates in the space, we’ve helped to shape much of the existing set of documentation that has become embedded into derivatives relationships throughout the industry. We look forward to working with our fellow ISDA members as this market continues to mature.”
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