According to reports, CZ — the founder of the world’s biggest cryptocurrency exchange is interested in buying Genesis’ loan book. After showing interest in buying FTX but later backing out within 24 hours, Changpeng ‘CZ’ Zhao is said to be keen on acquiring Genesis’ loan book.

Reports suggest CZ has begun reaching out for more insights on the state of Genesis’ balance sheet as he might consider a potential bid for Genesis’ loan assets. In its Q3 2022 report, Genesis listed active loans worth $2.8 billion.