London crypto market maker B2C2 is currently conducting high-level negotiations to raise up to $200 million in new funding. According to informed sources, this round of financing will enable Tokyo's SBI Holdings to reduce its 90% stake while maintaining strategic participation.
SBI Financial Services (a subsidiary of SBI Holdings) first invested $30 million in B2C2 in July 2020 and acquired a controlling stake in December of the same year. This financing proposal again demonstrates institutional investors' confidence in crypto liquidity providers, reflecting the continued growth of institutional adoption.
Both B2C2 and SBI Holdings have not issued official comments on the financing plan. Market observers note that this move reflects how large financial institutions are actively seeking opportunities to deploy infrastructure in the crypto market while managing concentrated risks.
