Summary:
Crypto market maker B2C2 has acquired Woorton, a France-based rival, in order to expand its presence in Europe. This acquisition gives B2C2 access to Woorton’s regulated license, allowing them to serve clients in the European Union in accordance with upcoming regulations. B2C2’s CEO, Nicola White, sees this as a significant step in their growth and evolution, and welcomes the expertise of Woorton’s team. Woorton currently has a strong client base and offers trading in 96 coins. B2C2, majority-owned by SBI, is headquartered in the UK and has a presence in the U.S., Cayman Islands, and Japan.
Key Points:
– B2C2 has acquired Woorton to expand its European presence.
– The acquisition grants B2C2 access to Woorton’s regulated license.
– B2C2 can now serve clients in the European Union in compliance with upcoming regulations.
– Woorton currently has nearly 250 clients trading 96 coins.
– B2C2’s CEO sees this acquisition as an important milestone in their growth and evolution.
B2C2’s Expansion:
B2C2, a crypto market maker, has acquired Woorton, a rival company based in France. This acquisition allows B2C2 to expand its presence in Europe and serve clients in the European Union in accordance with upcoming regulations. Woorton’s team, which combines traditional financial experience with a focus on crypto and digital assets, will provide valuable expertise to B2C2. With nearly 250 clients trading 96 coins, Woorton brings a strong client base to the table. This acquisition marks a significant milestone in B2C2’s growth and evolution.