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.”