B2C2 platform seeks to bring banks into crypto derivatives
By using a Japanese bank as intermediary, market-maker hopes to tap into growing trading demand from dealers
Crypto and foreign exchange liquidity provider B2C2 has devised a way for banks to trade on its platform through a unique partnership with its owner, Japanese financial services group SBI.
B2C2 is one of the biggest market-makers of non-listed crypto derivatives, but major dealers are generally restricted from directly trading with it due to internal limitations on credit risk and counterparty quality. This has meant trading activity by B2C2 so far has mostly been with hedge funds and crypto
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