B2C2 Ltd

B2C2 Ltd is a leading provider of liquidity solutions in the digital asset market, offering innovative trading services tailored for institutional clients. Their technology enables seamless trading across various cryptocurrencies 24/7. Founded in 2015 by Maxime Boonen and Ouziel Slama, B2C2 Ltd operates from its headquarters in London, UK. The firm specializes in providing liquidity services in the cryptocurrency sector and has successfully completed two major deals since inception.

In December 2020, SBI Holdings acquired a 90% majority stake in B2C2, a strategic move that positions the company to accelerate growth in the prime brokerage crypto market. David Rogers and Thomas Restout currently lead the organization. B2C2 specializes in providing liquidity solutions in the digital asset space, catering exclusively to institutional clients. The firm’s offerings include advanced trading services and proprietary technology that allows for real-time pricing and execution across diverse cryptocurrencies.

B2C2's approach enables clients, including financial institutions and hedge funds, to manage liquidity, mitigate risks, and access the evolving digital asset market without engaging retail investors. In the most recent fiscal year 2024, B2C2 reported revenue of USD 521,864 and an EBITDA of USD 273,912. The firm generates income through transaction fees stemming from its B2B liquidity services, tailoring pricing structures to meet the needs of institutional clients and ensuring efficient trade execution. Following the acquisition by SBI Holdings, B2C2 Ltd aims to enhance its growth by expanding its offerings in the prime brokerage crypto market.

The funding from the latest transaction, which closed in December 2020, is intended to accelerate this growth strategy. Specific plans include launching new products aimed at improving institutional trading capabilities and expanding operations into new geographic markets.