coindesk.com
Digital Currency Group, the cryptocurrency conglomerate whose Genesis Global Trading division just announced more layoffs, has closed a wealth-management division called HQ Digital, according to The Information.
The article, which cited a memo sent to a customer, also reported that HQ had more than $3.5 billion of assets under management.
A spokesperson for DCG, which is also the parent company of CoinDesk, didn't immediately respond to a request for comment.