December 16, 2020 SBI Financial Services acquires B2C2

A subsidiary of Japanese conglomerate SBI Holdings, SBI Financial Services, has acquired the U.K.-based cryptoasset market making firm B2C2. SBI previously acquired a minority stake in B2C2 earlier this year, and the latter’s over-the-counter trading volumes have reportedly quadrupled since the partnership was formed. B2C2 is currently the largest active cryptoasset market maker.