Hammer is looking for nails, and today's "B Circle Lost Handkerchief" event was thrown on Grayscale's head.
DCG has several subsidiaries, two of which are Genesis and Grayscale.
Genesis has a $175 million position in FT that cannot be withdrawn. Genesis has previously provided loans to Sanjian, and the part cannot be retrieved is about $1.2 billion. DCG injected capital into Genesis $140 million in equity.
People question whether Genesis will sell GBTC, GETH, etc. to make up for the loss gap in FT or three arrows. GBTC and GETH are Grayscale Trust products, and they question whether Grayscale will be the next FT?
Grayscale trust products earn about 7,000 pie and 75,000 ether each year, and it will make a long-term profit.
Greyscale official stated: Genesis is not a counterparty or service provider of any Grayscale product. Grayscale products continue to operate as usual, and Grayscale products' underlying assets are stored in CB isolation wallet.
means Genesis problem, what does it have to do with my grayscale?
(In addition, GBTC and GETH of grayscale have maintained a negative premium of more than 30% for a long time, and have been on the verge of bad luck for two years, which will not affect their profits)
Will the parent company DCG give up the grayscale that can be profited for a long time in order to lose money Genesis?
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