Prominent crypto market maker B2C2 has offered to purchase loans from the suddenly-struggling crypto financial firm Genesis.

News broke early Wednesday that the lending arm of Genesis was pausing redemptions and new loan originations, citing the impact on operations of the collapse of Sam Bankman-Fried's crypto exchange FTX. (Genesis is owned by CoinDesk parent Digital Currency Group.)

“Throughout the current crypto market turmoil, B2C2 has provided critical liquidity and support to our global client base," a B2C2 spokesperson told CoinDesk in an email. "We have continued to price, trade and settle across all our products.”