B2C2 Acquires Woorton, Gains Access to EU Market
B2C2, a London-based liquidity provider, has acquired French market making firm Woorton, giving B2C2 access to Woorton’s regulatory licenses and allowing it to operate in the EU. With Woorton’s EU license, B2C2 can now offer its services to institutional clients in the European Union. This acquisition combines the strengths of both companies and aims to increase overall crypto market liquidity.
Key Points:
- B2C2 acquires French market making firm Woorton.
- Access to Woorton’s EU license allows B2C2 to serve institutional clients in the EU.
- Financial details of the deal were not disclosed.
- Combining client bases and services aims to increase overall crypto market liquidity.
- Japanese financial group SBI Holdings acquired B2C2 in 2020.
Hot Take:
This acquisition positions B2C2 to expand its services and market presence in the EU. With the regulatory licenses from Woorton, B2C2 can tap into the institutional sector and provide liquidity in the European crypto market. This move comes at a time when liquidity has been a concern in the crypto industry. By joining forces, B2C2 and Woorton aim to address this issue and meet the growing demand for crypto trading services in the EU.
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