B2C2

B2C2 has spent a decade collecting firsts in crypto plumbing: the first crypto-native single-dealer platform in 2016, the first OTC streaming price feed in 2019, electronic OTC options in 2022. Founded in London in 2015 by Max Boonen, it quotes two-sided prices as principal across major cryptocurrencies and fiat pairs for banks, brokers, funds and exchanges.

In 2020 Japan's SBI Holdings bought it outright, becoming the first financial conglomerate to run a crypto dealing desk, and B2C2 has stayed operationally standalone since. It acquired Paris market maker Woorton in 2023, runs a technology hub in Poland, and in 2026 became the first global OTC liquidity provider authorized under MiCA. Settlement runs without pre-funding, a deliberate counterweight to crypto counterparty anxiety.