B2C2, a London, UK-based buying and selling agency for the institutional crypto markets, obtained a a $30 million minority funding from SBI Monetary Companies (a subsidiary of SBI Holdings).
SBI, proprietor of Japan’s first digital financial institution and largest on-line brokerage, is listed on the Tokyo Inventory Trade and is a member of the TOPIX inventory index. B2C2 will grow to be SBI’s major liquidity supplier as SBI expands its crypto providing to thousands and thousands of present prospects.
The agency will even profit from SBI’s distribution community and monetary firepower because it launches an digital prime brokerage constructed upon its single seller platform. This month, the agency will launch a completely automated facility to supply essentially the most aggressive two-way costs within the funding market.
This functionality expands B2C2’s present secured financing operation, already lending lots of of thousands and thousands of {dollars}. B2C2 will proceed to develop its providing till it constitutes a whole cross-asset prime brokerage enterprise.
Based in 2015 by Max Boonen, B2C2 is a digital asset buying and selling group for banks, brokerages, exchanges and fund managers globally to supply 24/7 liquidity. In 2019, the agency launched the primary OTC streaming value feed and was the primary crypto firm within the EU to safe a MiFID funding agency licence. B2C2 OTC Ltd. is authorised and controlled by the UK’s Monetary Conduct Authority (FRN 810834). It has workplaces in London, Tokyo and Jersey Metropolis.
FinSMEs
03/07/2020
— to www.finsmes.com
