B2C2, a UK-based cryptocurrency liquidity platform, has received its authorization from the Financial Conduct Authority (FCA). Founded in 2015, B2C2 claims to be one of the largest cryptocurrency liquidity providers and the leader in electronic OTC trading. The company reported it is trusted by retail brokerages, exchanges, banks, and fund managers to provide 24/7/365 liquidity.
“Brokerage firms, exchanges, banks and cryptocurrency funds around the world trust us to deliver seamless execution in the major cryptocurrencies and fiat currency pairs. We provide 24/7/365 liquidity for Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, and Ethereum Classic in USD, GBP, EUR, JPY, SGD, AUD, CAD, CHF and more. We also offer synthetic exposure to crypto.”
Speaking about the authorization, Max Boonen, Founder and CEO of B2C2, stated:
“We are excited to have received authorisation from the FCA to introduce a cryptocurrency CFD product. Eligible counterparties and professional clients can now gain derivative exposure to the cryptocurrency markets, benefiting from the competitive pricing and liquidity they’re accustomed to receiving from B2C2 while avoiding the risks associated with crypto custody.”
B2C2 is notably a founding member of the University of Oxford’s Centre for Technology and Global Affairs and a member of CryptoUK, the first self-regulatory trade association for the UK cryptocurrency industry. The platform is also a member of the Blockchain and Virtual Currencies Working Group in Brussels; the French Cryptocurrency Management Association; and Japan’s Cryptocurrency Business Association.