Cryptocurrency investment bank Genesis Global Trading interim CEO Derar Islim said in a conference call on Wednesday that Genesis Global Capital, its cryptocurrency lending unit, is suspending redemptions and new loan issuance, CoinDesk reported. Derar Islim said Genesis is looking for solutions for the lending segment, including finding new sources of liquidity. Additionally, Derar Islim said Genesis’ trading and custody operations are still functioning normally. As of the end of the third quarter of 2022, Genesis Global Capital's loans totaled $2.8 billion.