DCG releases Genesis mediation statement: All parties have signed a 30-day mediation period and are discussing development capital with capital providers

ChainCatcher message, Digital Currency Group (DCG) released a statement regarding the Genesis mediation, stating that DCG continues to engage with various stakeholders in the restructuring process of Genesis Capital during the 30-day mediation period signed by the parties on May 1. To provide further financial flexibility, DCG is discussing growth capital with capital providers and refinancing the debt between itself and Genesis. (Source link)