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Crypto

Crypto lending turns to Wall Street credit rules to win back institutional trust after 2022 collapse

CryptoSlate Jun 26, 2026 3h ago ⏱ 1 min read 👁 2 views

Crypto lending turns to Wall Street credit rules to win back institutional trust after 2022 collapse

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Celsius froze withdrawals in June 2022 before filing for Chapter 11 in July 2022, and Genesis froze redemptions after FTX's collapse and filed for bankruptcy in January 2023, owing approximately $3.4 billion to its 50 largest creditors. BlockFi, Celsius, Genesis,… Celsius froze withdrawals in June 2022 before filing for Chapter 11 in July 2022, and Genesis froze redemptions after FTX's collapse and filed for bankruptcy in January 2023, owing approximately $3.4 billion to its 50 largest creditors. BlockFi, Celsius, Genesis, and Voyager together accounted for 40% of the crypto lending market and 82% of CeFi […] The post Crypto lending turns to Wall Street credit rules to win back institutional trust after 2022 collapse appeared first on CryptoSlate.

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