B2C2 Joins Swissquote to Enhance Cryptocurrency Trading Liquidity

B2C2, a provider of institutional liquidity for digitalassets, has announced a partnership with Swissquote, an online banking andfinancial services provider based in Switzerland. Swissquote has developed Swissquote Exchange (SQX), acentral limit order book that offers deep liquidity and a secureenvironment for trading cryptocurrencies.

Cryptocurrency Offerings and Liquidity with Integration

Users of SQX can trade, hold, and transfer cryptocurrencyassets within their Swissquote accounts, under the regulation of a Swiss bank.Since its launch in October 2022, SQX has expanded to include over 40cryptocurrencies.

The collaboration between SQX and B2C2 is intended toenhance the digital asset marketplace by increasing trading activity andimproving operational efficiency. B2C2's integration with SQX is expected toincrease the liquidity available to traders on the platform, while SQX offersB2C2 access to a broader range of market participants.

Thomas Restout, Group CEO of B2C2, said: We areexcited tocollaborate with Swissquote, a major financial services providerwith itsextensive client footprint. We are pleased to deepen liquidity on theSQXexchange, providing clients with enhanced trading opportunities andreinforcingour competitive edge in the industry. Together, we are poised tounlock newgrowth avenues through liquidity solutions."

Liquidity Solutions for Diverse Financial Markets

B2C2 provides consistent liquidity across various marketconditions, featuring competitive bid-ask spreads that facilitate trades withminimal price impact. The company also offers efficient settlement and enhancedcapital efficiency through credit offerings.

B2C2s clientele includes major over-the-counter desks, aggregators, banks, exchanges, family offices, foreign exchange brokers, and hedge funds.

Jan De Schepper, CSO of Swissquote, said: SQX has provenitself asthe biggest and strongest digital assets exchange in Switzerlandleading with greater liquidity and faster execution for ourcustomers,strengthening our position as a recognised leader in crypto trading."

"We aredelighted to have B2C2 as a strategic partner at our side. Together, wearecommitted to providing superior execution, enhanced transparency and anevenbetter overall trading experience.

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SBI Considers Worth $100M Sale of Minority Stake in Crypto Giant B2C2

SBI Financial Services, a subsidiary of Japan’s SBI Holdings, is exploring options to sell its stake in the cryptocurrency market maker B2C2. Sources familiar with the matter have disclosed that the deal could be worth $100 million. The company is reportedly in talks with various potential buyers. In December 2020, SBI Holdings purchased a 90% […]

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B2C2 Expands Its Use of KX's Analytical Software

<p> B2C2, a cryptocurrency liquidity provider owned by Japan's <a href="https://www.financemagnates.com/tag/sbi/" target="_blank">SBI Holdings</a>, has expanded its partnership with <a href="https://www.financemagnates.com/tag/kx/" target="_blank">KX</a>, a provider of database and analytics engines, for more advanced trading analytics and offering expansion. </p><p class="MsoNormal">According to the press release, B2C2 will use high-performance and real-time analytics solutions provided by KX, including KX Dashboards, a visualization tool for databases and datasets. The new tool is expected to offer institutional clients, who are increasingly looking to invest in the cryptocurrency ecosystem, services and products similar to those provided by T1 investment banks in traditional finance.</p><p class="MsoNormal">KX's <a href="https://www.financemagnates.com/terms/a/analytics/" target="_blank" id="0cd41468-7088-4154-93a3-bf5c46f15957_4" class="terms__secondary-term">analytics</a> technology, based on its proprietary kdb+ solution, will allow B2CB to process enormous amounts of data in real-time. It is extremely important for customers to make important decisions in the shortest possible time.</p><p class="MsoNormal">kdb+ is a relational time series database (TSDB), commonly used in <a href="https://www.financemagnates.com/terms/h/high-frequency-trading-hft/" target="_blank" id="eb8678b0-4752-44cf-99a8-d0c757847ba7_1" class="terms__main-term">high-frequency trading (HFT</a>) for handling and analyzing billions of records in a short period of time. According to <a href="https://www.financemagnates.com/tag/b2c2/" target="_blank">B2C2 </a>representatives, this type of solution will work perfectly in the highly volatile and dynamic digital asset market.</p><p class="MsoNormal">"We are pleased to be working with KX, which supports B2C2 in delivering real-time data-driven trading insights and decisions to digital assets markets. KX is recognized and respected for its industry-leading technology across the world's major financial institutions and working with them aligns with our clients' and counterparties' capabilities," Nicola White, the CEO at B2C2, said.</p><p>B2C2 With New Offering for OTC Crypto Market</p><p class="MsoNormal">In October, the cryptocurrency market-maker announced the expansion of its current offering with the addition of electronic options trading for the over-the-counter (OTC) crypto market. The new options are currently offered through the Single Dealer Platform.</p><p class="MsoNormal">B2C2 has been linked to the institutional cryptocurrency market since 2015. Although the institutional industry took its first steps seven years ago, it is now highly developed, engaging the world's largest financial companies.</p><p class="MsoNormal">The company, which is headquartered in the UK, with offices in the United States and Japan, is expanding its operations in major markets like the US with the announcement of <a href="https://www.financemagnates.com/cryptocurrency/news/b2c2-launches-options-trading-for-otc-crypto-market/">Nicola White</a> as the new CEO in the US. </p> This article was written by Damian Chmiel at www.financemagnates.com.

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B2C2 Launches Options Trading for OTC Crypto Market

<p>B2C2, a cryptocurrency market-maker owned by Japan’s SBI Holdings, has expanded its offerings with the addition of electronic options trading for the over-the-counter (OTC) crypto market.</p><p>Announced on Monday, the new feature is being offered through the company’s Single Dealer Platform.</p><p>“Providing our clients with the ability to trade OTC options electronically reflects significant growth in institutional demand for derivatives over the past 12 months,” <a href="https://www.financemagnates.com/tag/b2c2/" target="_blank">B2C2</a>’s Head of Options, Johannes Woolard, said.</p><p>“Clients are looking for a more comprehensive set of tools to access, hedge, and trade crypto simply and easily. Institutions turn to us as a well-established and innovative crypto-native <a href="https://www.financemagnates.com/terms/l/liquidity/" target="_blank" id="47c3bef3-27ee-4953-8504-159e1b829b33_1" class="terms__main-term">liquidity</a> provider with the reliable and resilient trading infrastructure they require.”</p><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Introducing...??B2C2’s Options Chain!??Delivering true 'point & click’ electronic OTC options trading, for the FIRST time in Crypto!Learn more in our press release: <a href="https://t.co/pXYg8WsbPH">https://t.co/pXYg8WsbPH</a></p>— B2C2 (@B2C2Group) <a href="https://twitter.com/B2C2Group/status/1586992662615310339?ref_src=twsrc%5Etfw">October 31, 2022</a></blockquote><p>The electronic options trading feature not only gives traders additional off-exchange trading options, but its options chain also provides a comprehensive view of the OTC prices.</p><p>The new functionality is integrated into B2C2’s crypto-native spot, CFD and loans <a href="https://www.financemagnates.com/terms/t/trading-platform/" target="_blank" id="f85800b2-ccf5-4f50-9e8e-780d32afc6f6_1" class="terms__secondary-term">trading platform</a>. It further provides options post-trade functionalities.</p><p>Taping the Institutions</p><p>Founded in 2015, B2C2 tapped the institutional cryptocurrency market by providing liquidity. It was acquired by Japanese giant, SBI Holdings, at the end of 2020, only five months after the conglomerate made an initial investment of $30 million in the crypto company.</p><p>The company, with headquarters in the United Kingdom and offices in US and Japan, is expanding its footprint in major markets like the US with the appointment of <a href="https://www.financemagnates.com/executives/moves/b2c2-appoints-nicola-white-as-us-ceo/" target="_blank">Nicola White</a> as the US CEO. She first joined the company as its <a href="https://www.financemagnates.com/executives/moves/b2c2-announces-appointment-of-nicola-white-as-president-of-b2c2-usa/" target="_blank">US President </a>last year.</p><p>Meanwhile, Sygnum Bank became the first company to execute OTC options trade on B2C2.</p><p>Sygnum Bank’s Head of Trading, Dominic Lohberger, said: “B2C2 is taking institutional crypto derivatives trading to the next level. As a regulated digital asset bank with institutional clients, Sygnum is proud to be executing the first OTC trade with the B2C2 Options Chain. Together we are setting the path for the future of electronic crypto trading.”</p> This article was written by Arnab Shome at www.financemagnates.com.

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B2C2 Secures EU Presence with VASP Registration in Luxembourg

B2C2, a cryptocurrency market-maker owned by Japans SBI Holdings, has expanded its presence in continental Europe by registering as a virtual asset service provider (VASP) in Luxembourg. It has become the 12th company to receive the crypto registration in the country.

Paving the Way into the EU

The authorization by the countrys Commission de Surveillance du Secteur Financier will allow the London-headquartered company to offer over-the-counter (OTC) spot crypto services to institutional clients. It will further enable the company to collaborate with local VASPs, traditional financial institutions, and other market participants.

As B2C2 prepares for MiCA regulation to come to force, obtaining VASP registration in Luxembourg is a further milestone for B2C2, as Luxembourg is home to a rapidly expanding virtual asset community, stated Thomas Restout, who was promoted to the position of Group CEO, last month.

B2C2 was acquired by Japanese giant SBI Holdings at the end of 2020, only five months after the conglomerate invested $30 million in the crypto company. The company already has a diverse client base across the Americas, Asia-Pacific, and EMEA regions.

The London-headquartered firm entered the European Union last year by acquiring French market-making firm Woorton, which allowed B2C2 to operate in the 27-country bloc with Woortons PSAN license issued by the AMF.

New Head of Luxembourg

Further, to bolster its operations under the new European Union registration, the company has appointed Denzel Walters, Business Manager in B2C2s London office, as the Head of Luxembourg. Before joining B2C2, he worked with two top UK regulators, the Bank of England, the Prudential Regulatory Authority

Restout highlighted information about the role: With his regulatory knowledge and proven experience delivering exceptional growth at B2C2, [Walter] will ensure clients in Luxembourg receive a seamless operational and trading experience.

Walters said: In line with our operations in the UK, US, and Asia-Pacific, our office in Luxembourg will remain committed to providing unparalleled liquidity and exceptional service to our clients.

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