Genesis Global Capital, a cryptocurrency firm, is still trying to raise funds. According to people familiar with the matter, the lender has approached crypto exchange Binance for an investment and to bid on its loan book. According to one person familiar with the situation, Binance decided not to invest because it was concerned that some of Genesis’s business might create a conflict of interest in the future. According to people familiar with the situation, the company also approached private equity firm Apollo Global Management for capital assistance. Following the collapse of crypto exchange FTX, Genesis has seen a surge in withdrawals from its lending arm.