B2C2, a London-based crypto liquidity supplier, has paved its means towards Europe by buying the French market-making agency, Woorton. Introduced immediately (Thursday), the acquisition will permit B2C2 to function within the European Union with Woorton’s PSAN (prestataires de companies sur actifs numériques) license issued by France’s AMF (Autorité des Marchés Financiers).
As talked about within the official press launch, the deal was strategic as B2C2 is concentrated on enhancing its consumer protection and cementing its place in Europe forward of the enforcement of MiCA (Markets in Crypto Belongings Regulation) rules.
“This acquisition is a vital milestone within the ongoing journey of B2C2’s development and evolution,” mentioned the CEO of B2C2, Nicola White. “We welcome becoming a member of forces with Woorton’s knowledgeable group who, with their collective expertise, have constructed a first-rate digital belongings market-making agency supported by a strong consumer base and robust regulatory standing. We’re excited in regards to the potentialities that this acquisition unlocks for B2C2 and our consumer base within the EU.”
The Two Platforms Will Mix Forces
Woorton was based in 2017 and now has about 250 shoppers. It offers help to 96 cryptocurrencies with round the clock liquidity provisioning.
B2C2, which is likely one of the largest over-the-counter (OTC) brokers/market makers within the crypto house and offers associated liquidity companies, will improve its attain by combining consumer base and OTC companies with Woorton. BSBI Holdings, Japan’s monetary conglomerate, acquired B2C2 a number of years in the past, and it has been held by them since December 2020.
“In becoming a member of forces with B2C2, we carry collectively the complementary strengths of our two corporations,” Charlie Meraud, the CEO of Woorton, mentioned. “With a stronger mixed platform, our buyer base will get pleasure from entry to a extra strong liquidity pool and an improved market presence. We are going to higher help our shoppers in offering the perfect liquidity and buying and selling expertise in digital belongings.”
B2C2, a London-based crypto liquidity supplier, has paved its means towards Europe by buying the French market-making agency, Woorton. Introduced immediately (Thursday), the acquisition will permit B2C2 to function within the European Union with Woorton’s PSAN (prestataires de companies sur actifs numériques) license issued by France’s AMF (Autorité des Marchés Financiers).
As talked about within the official press launch, the deal was strategic as B2C2 is concentrated on enhancing its consumer protection and cementing its place in Europe forward of the enforcement of MiCA (Markets in Crypto Belongings Regulation) rules.
“This acquisition is a vital milestone within the ongoing journey of B2C2’s development and evolution,” mentioned the CEO of B2C2, Nicola White. “We welcome becoming a member of forces with Woorton’s knowledgeable group who, with their collective expertise, have constructed a first-rate digital belongings market-making agency supported by a strong consumer base and robust regulatory standing. We’re excited in regards to the potentialities that this acquisition unlocks for B2C2 and our consumer base within the EU.”
The Two Platforms Will Mix Forces
Woorton was based in 2017 and now has about 250 shoppers. It offers help to 96 cryptocurrencies with round the clock liquidity provisioning.
B2C2, which is likely one of the largest over-the-counter (OTC) brokers/market makers within the crypto house and offers associated liquidity companies, will improve its attain by combining consumer base and OTC companies with Woorton. BSBI Holdings, Japan’s monetary conglomerate, acquired B2C2 a number of years in the past, and it has been held by them since December 2020.
“In becoming a member of forces with B2C2, we carry collectively the complementary strengths of our two corporations,” Charlie Meraud, the CEO of Woorton, mentioned. “With a stronger mixed platform, our buyer base will get pleasure from entry to a extra strong liquidity pool and an improved market presence. We are going to higher help our shoppers in offering the perfect liquidity and buying and selling expertise in digital belongings.”
