The crypto market maker B2C2 is planning to purchase a portion of Genesis's short-term loans at a discounted price

2022-11-17 09:01:55
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ChainCatcher news, crypto market maker B2C2 is considering purchasing a portion of Genesis's short-term loans at a discounted price. B2C2 founder Max Boonen stated that the potential deal is expected to be completed within this week.

"We're not doing this out of altruism; by obtaining discounted loans, we can enhance B2C2's reputation and actually make money." However, Boonen has not seen Genesis's balance sheet and declined to comment on the specific figures of the potential deal.

Additionally, Genesis has not disclosed whether it will proceed with this transaction, and preliminary discussions have taken place with Boonen. (source link)

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