CDS Crypto News Crypto Market Maker B2C2’s European Growth Accelerated by Woorton Acquisition
Crypto News

Crypto Market Maker B2C2’s European Growth Accelerated by Woorton Acquisition

B2C2 said the acquisition of the French market maker grants it access to a license in France.

704
Crypto Market Maker B2C2'S European Growth Accelerated By Woorton Acquisition

Crypto News– Crypto market maker B2C2 has acquired its France-based competitor, Woorton, as part of its European expansion strategy.

Crypto Market Maker B2C2’s European Growth Accelerated by Woorton Acquisition

In a recent announcement, B2C2 revealed that the acquisition provides access to Woorton’s PSAN license, which is regulated by France’s financial market regulator, AMF.

This acquisition is an important milestone in the ongoing journey of B2C2’s growth and evolution. We welcome joining forces with Woorton’s expert team who, with their collective experience, have built a first rate digital assets market making firm supported by a robust client base and strong regulatory standing.

Nicola White, chief executive officer of B2C2

This move positions B2C2 to serve clients within the European Union in accordance with the forthcoming Markets in Crypto Assets Regulation (MiCA) guidelines. As per the statement, Woorton currently boasts nearly 250 clients engaged in trading 96 different coins.

Established in 2015, B2C2 is primarily owned by the Japanese financial group SBI and maintains its headquarters in the UK and its presence in the U.S., the Cayman Islands, and Japan.

Thomas Restout, B2C2’s Head of EMEA, emphasized that Woorton’s team combines traditional financial expertise with a focus on cryptocurrency and digital assets. He noted, “Collectively, we represent a harmonious blend of complementary businesses that offer clients in the EU market an extensive array of multi-asset capabilities and depth.”

Crypto Market Maker B2C2'S European Growth Accelerated By Woorton Acquisition
Sources:theblock
Written by
sevval

Şevval has been actively writing since 2022 and is a third-year mathematics student at Ankara University. Her interest in writing is shaped particularly around innovative technologies such as Web3, artificial intelligence, and blockchain. She closely follows developments in these fields and aims to convey complex topics to readers in a clear and engaging manner. She enjoys combining her mathematical knowledge with technology to create content and strives to raise awareness about the digital world of the future.

Leave a comment

Leave a Reply

Related Articles

OpenSea Clears SEC Investigation, Boosts NFT Market

OpenSea Investigation Closed: A Win for the NFT Space OpenSea– The United...

Lazarus Hack Steals Over $1.5 Billion from Bybit

Lazarus group hacks Bybit, stealing over $1.5 billion in Ethereum, sparking major...

MicroStrategy Shares Drop Slightly: Is Bitcoin to Blame?

For more comprehensive information about MicroStrategy shares drop slightly, please visit CDS.

Nifty 50- Exploring the Causes Behind India’s Stock Market Downturn

Discover the top 5 reasons behind the recent stock market crash and...