Copy link
Increase text size
Decrease text size
Link copied

B2C2 and SFOX team up to offer new source of cryptocurrency liquidity

Thu, 13 Feb 2020, 06:21 am UTC

Crypto liquidity provider B2C2 has partnered with crypto dealer SFOX to provide new source of cryptocurrency liquidity to asset managers, hedge funds, family offices and high net worth individuals.

Founded in 2014, SFOX is a cryptocurrency prime dealer for large-scale investors such as funds, family offices, and high-net-worth individuals, with over $12 billion in transaction volume to date. In 2018, it raised $22.7 million in a Series A funding round led by Tribe Capital and Social Capital and participated by DHVC, Blockchain Capital, Mark Britto, and Airbnb Co-Founder Nathan Blecharczyk, and others.

B2C2 was founded in 2015 and offers exposure to large-cap cryptocurrencies and gold, with flexible trade sizes and settlement. Its subsidiary, B2C2 OTC Ltd., received authorization from the Financial Conduct Authority last year year.

According to a press release, B2C2 is the first OTC trading venue to be added to the SFOX platform. With this partnership, SFOX clients would be able to access B2C2’s deep pool of liquidity and streaming OTC pricing via a single point of access, replacing the need to manage multiple exchange accounts and API keys. SFOX’s full set of trading algorithms will be able to execute against B2C2’s prices.

“We are delighted to partner with B2C2, the largest OTC liquidity provider whose streaming pricing and electronic trading capabilities are relied on by institutional market participants globally. SFOX clients will now benefit from a new source of OTC liquidity coupled with greater price discovery,” Danny Kim, Head of Growth at SFOX, said.

Max Boonen, Founder and CEO of B2C2, also commented on the partnership and said that it will enable a broader set of market participants to access B2C2’s real-time OTC pricing and deep two-way markets.

“As the first and leading U.S. prime dealer, SFOX has been at the forefront of the cryptocurrency institutional market and we are excited to now offer our services to the thousands of traders and funds on their platform,” Rob Catalanello, CEO of B2C2 USA, said. “This partnership will further B2C2’s expansion in the Americas and cement our position as the number one institutional cryptocurrency liquidity provider.”

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,159.50 (+2.72%)
  • Ethereum (ETH) $280.54 (+0.70%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $412.88 (+0.54%)
  • Bitcoin SV (BSV) $306.86 (+0.62%)
  • Bitcoin (BTC) $10,159.50 (+2.72%)
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
12:17
US Presidential candidate Michael Bloomberg proposes crypto regulatory framework
11:39
IRS invites crypto firms to discuss cryptocurrencies and related issues
11:38
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:37
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
10:39
Banking giant Citi backs blockchain trade finance network Contour
09:47
Bank of Korea to develop blockchain-based bond management system
07:22
Northern Data, Canaan partner to cooperate on AI, blockchain and datacenter operations
06:41
Crypto Technicals: ETH/USD closes above 5-DMA, set to resume bullish momentum
06:30
Nebulous launches blockchain-powered file sharing platform ‘Skynet’
06:00
Crypto Technicals: BTC/USD consolidates previous session's spike, 'Golden Cross' keeps scope for further upside
05:03
Crypto finance firm Amber raises $28M in Series A funding
04:32
China upgrades national PPP information platform to use blockchain, AI and big data
Feb 18, 2020 (Tuesday)
13:26
Enjin’s game development platform goes live on ethereum
12:14
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
12:14
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
12:13
Boerse Stuttgart's blocknox to offer crypto custody services to institutional clients
11:12
Crypto derivatives exchange Deribit lists daily ether options
10:48
UEFA EURO 2020 tickets to be distributed using blockchain-based ticketing system
10:12
South Korean and Singaporean crypto exchanges partner to develop new services
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft