Japanese Financial Conglomerate SBI Acquire $30 Million Stakes in Trading Firm

Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic
  • A trading firm in the corporate crypto market made the announcement that SBI has agreed to acquire $30 million worth of minority stakes in the firm.
  • B2C2 will become SBI’s main liquidity provider.
  • It has also announced that they would be increasing their market area, to cover a range of services.

B2C2, a trading firm in the corporate crypto market made the announcement that SBI has agreed to acquire $30 million worth of minority stakes in the firm. According to reports, B2C2 will become SBI’s main liquidity provider. B2C2 has also announced that they would be increasing their market area, to cover a range of services, with the aid of SBI’s distribution network and financial arsenal. 

Crypto Trading Firm to Assist SBI

B2C2 is an organized financial service provider based in the UK. It chiefly handles OTC market making, risk management, and providing liquidity for the cryptocurrency markets. Max Boonen is the co-founder of the company. 

Founded in the year 2015, B2C2 is one the oldest operating market-makers who have facilitated multi-million dollar trades on behalf of the largest investors. 

This month, B2C2 will launch a new automated financing service to integrate it’s existing services. The main objective of this service will be to provide the most competitive two-way prices in the funding market. This will allow an increase in B2C2’s exciting financing operation which is already lending millions of dollars. B2C2 will continue to provide it’s services until it develops fully into a cross-asset prime brokerage business. 

Max Boonen stated that his team has complete faith as their credit quality is very good as they have survived the market from 2015 winning over all crashes, bear markets, and exchange hacks. 

B2C2 Prime Brokerage

Traditionally, a prime broker is the one who looks after the investors investing in the market by providing them array of services, market data, execution and custody. B2C2 will become a prime broker so as to entice institutional investors to invest their money in the cryptocurrency market. Theoretically speaking, prime brokers make trading and investing more smooth, logical and capital – efficient. 

The persisting innovators, B2C2, launched their first crypto oriented single dealer platform in 2016. It was the first one to capture the Japanese market. Then in 2019 it launched the firm’s first OTC streaming price feed. Then it went on to secure a MiFID investment firm license. 

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