Encrypted lending institution Genesis Capital added $870 million in new loans in the third quarter

Encrypted lender Genesis Capital released its third quarter report, which highlighted “strong and sustained growth in lending business”. Official reports show that the company's new loans in the third quarter of 870 million US dollars, breaking the record of 746 million US dollars in the second quarter. As of September 30, 2019, the active loan balance was $450 million, roughly the same as the previous quarter.