The company is in a position to support the wider market by offering to work with Genesis and their counterparties to novate existing loans at Genesis Global Capital to B2C2. Loans will have to fall within our established risk management framework to qualify.
We are excited to announce
@B2C2Group
's acquisition of Paris-based
@woorton
, the European leader in market making and OTC transactions in the crypto industry!
This is an exciting chapter for both B2C2 and Woorton.
Read the full announcement here:
Throughout the current crypto market turmoil, B2C2 has provided critical liquidity and support to our global client base. We have continued to price, trade and settle across all our products.
Great to see our Chief Risk Officer, Marc van Eijck in the
@FT
Banking Risk and Regulation providing his insight on reputational risk. Read the full article here
Looks like many have largely missed the rally. Synthetics still trading at a decent discount to cash markets. In recent history, local tops often coincide with an overheated 8h funding rate on the bitmex swap... at the moment it's sliding more negative.
#BTC
B2C2 is thrilled to announce another milestone: we have completed the first bilateral OTC option transaction with
@Arbelosxyz
on
@volmexfinance
BVIV index.
Read the full story, with thoughts B2C2 and Arbelos co-founder,
@joshua_j_lim
here
Our risk management processes are rigorous and controlled, which is why our crypto loans book is over-collateralized by a minimum of 115%. As normal, our own risk management, KYC and onboarding procedures will apply.
Can
#Crypto
trading benefit from better infrastructure without giving up everything that makes it revolutionary in the first place? We discussed this on a
@coindesk
webinar
1/5 Introducing the world’s first institutional grade staked ETH solution.
A strategic collaboration with
@BlockdaemonHQ
and
@stakewise_io
👇Read the press release:
IN DEPTH: It's probably no coincidence that three major crypto firms –
@coinbase
,
@GenesisTrading
and
@BitGo
– have all announced plans to become prime brokers.
Here's what the trend reveals about the state of the industry.
@IanAllison123
reports
"Founded in 2015, B2C2 is among the largest cryptocurrency market-making firms and is known for being a pioneer in electronic trading in the market." -
@fintechfrank
One of the joys of DeFi is that it is showcasing, live in prod, a myriad of experiments that contrast pre-mined coins/protocols vs. fair launches. A case study:
We have officially executed 15,000,000 OTC trades. Proud of our B2C2 team and looking forward to many more milestones ahead!
#crypto
#otc
#cryptotrading
Worth watching the potential passage of this bill. Passed in the Senate unanimously. Could be a catalyst for USDCNH to catch a bid again as it gives Xi room to devalue in retaliation, even if Trump remains silent on it for the time being.
We recently had a talk with
@jdorman81
, Chief Investment Officer at
@arca
.
Throughout our chat, he emphasizes that there is much more to the digital asset space than what you hear in the news about
#Bitcoin
,
#Ethereum
, and
#Dogecoin
.
Dive in below!
As we near the end of a
#record
volume year, November has seen B2C2 EMEA
#OTC
volume increase 300% month on month, including multiple record volume days 🚀🚀🚀
(2/2) Though it’s been a tough few months in the markets, we see this as an opportunity to gain market share while building the products and services the market needs. We feel lucky enough to be in a position to do just that.
We are ready for the
#crypto
winter 💪
Looking forward to the
@coinscrum
event next month which will bring together digital asset innovators and institutional buyside. Our head of sales Cameron Dickie will be discussing crypto market infrastructure. h/t organisers Paul Gordon
@etiennexyz
"My understanding about
#XRP
is that not only does it have a currency value but it has a utility, and that utility distinguishes it from
#bitcoin
and
#ether
," the judge said, according to Hogan.
It might be looking up for
#Ripple
, thoughts? 🤔
👇👇👇
2021 is proving to be an explosive year already! 💥 As of January 19th, B2C2 USA's volume has already broken last month’s
#ATH
. Looking forward to seeing what else 2021 has in store!
#crypto
#cryptotrading
#fintech
At B2C2. we’re continuing to strategically grow our team. If you are looking for an opportunity in
#crypto
, B2C2 may be the place for you.
Currently
#hiring
key positions in development, quant trading and research. See link for more:
ICYMI,
@fintechfrank
piece on the significant decline in
#OTC
spreads and volatility, and how 2019 saw new players emerge and old ones crumble:
@maxboonen
Join us at the Digital Asset Summit from
@Blockworks_
Co-CEO, Rob Catalanello, will be speaking in the "Institutional Participation in Digital Asset Markets" Panel
You won't want to miss it! Register below:
#digitalasset
#cryptotrading
#cryptocurrency
🥇 B2C2 has executed the first ETHEUR block trade on
@CMEGroup
with
@xbtogroup
, cleared through
@EDFManCapMarket
This trade marks an important expansion of mechanisms available for sourcing
#liquidity
in large sizes.
🗞 Exciting news!
Nicola White appointed Group CEO of B2C2 as part of a planned transition following Phillip Gillespie stepping down to focus on a ventures role with SBI.
Press release:
Our London office had a blast at B2C2's event of the year: "B2C2's Let Get Quizzical!" 🌟
We love seeing everyone build a strong team in and out of the office. Besides, a little friendly competition never hurt anybody, right?
#HumansofB2C2
B2C2 is expanding, which means it was about time to move!
The London team found a new home this week. We had to roll up our sleeves to get it ready to go but, then again, we're not afraid of some good, hard work! 💪
Onwards and upwards!
#humansofb2c2
The market is focused on btc halving for the moment, but there's another major factor that's being overlooked.
As US election nears, expect anti China rhetoric to escalate in the US.
USDCNH has already started ticking up, going from 7.05 to 7.13 in the last 24hrs.
Beep Beep, B2C2 coming through! 🚕
We've got
#B2C2
cabs spotted around the city of London, at the ready to whisk you away to your next destination in style 😎
If you catch one, be sure to share a photo with us! We'd love to see where B2C2 will take you next!
Weekly chart for
#BTC
. Tapped the trendline and formed a shooting star. Unfortunately no follow-through in a negative funding environment (leveraged shorts outweigh longs). Given E-minis have seen a greater than 50% retrace off the lows, feels like caution warranted here.
Wow USDCNY cracks 7 (China's response to the recent tariffs perhaps?). Probably the most important macro variable. A weaker CNY poses deflationary risks to the globe. Risk-off, bearish Asian FX, bullish gold, bullish BTC
.
@B2C2Group
founder
@maxboonen
is concerned that the bitcoin market is "too dependent on the narrative of U.S. institutions buying into bitcoin."
What happens when no companies are buying bitcoin this week?
Watch full
#CDTV
interview:
"The success of the tie-up between B2C2 and SBI will be an important yardstick for exactly how keen finance groups are to pile into the still-nascent asset class." -
@RyanJamesWeeks
from
@TheBlock__
“We are thrilled that
@SFox
is the first central intermediary to an
#NDF
#crypto
contract transaction....This marks a milestone in crypto’s acceptance by mainstream financial institutions,” said Robert Catalanello, Co-CEO of B2C2.
We are proud to have worked with
@QCPCapital
to execute our first crypto non-deliverable forward (
#NDF
). 🚀
We think this is a huge step for
#crypto
towards acceptance from mainstream financial institutions!
Read the full press release here!
'The growing number of cryptocurrency investors and the reminder that prices can be
#volatile
has placed reliable market
#infrastructure
at an even greater premium,' writes Rob Catalanello for
@traders_tweets
on the
#BTC
flash crash and lessons learned.
We are excited to announce that we have obtained regulatory approval to operate in Luxembourg and expand our European presence! /1
To read the press release click the link below:
#Crypto
#Regulation
#B2C2
Is it time to test the digital gold thesis...? US/Iran tensions look ominous. Meanwhile, China just replaced the Head of the Central Liaison Office in HK with Luo Huining from Qinghai Province, where Beijing has pursued increasingly stringent policies toward a Tibetan minority.
“By adding Nicola, we’re going to continue to improve…and make it easy for institutional clients to look at crypto as a much more secure asset class.” - Rob Catalanello, B2C2 Co-CEO
From
@strack_ben
@Blockworks_
Last time the BFX premium dislocated like this it culminated in a violent sell-off. Judging by reported strong showing of support for the LEO raise though... perhaps this time it's different. Margin positioning is skewed short and looks underwater.
In a market known for its unforgiving 20% dips, a stoic demeanour is probably a beneficial attribute -
@fintechfrank
summarises a few highlights from his recent podcast with our CEO
@maxboonen
Excited to start trading the first XAU/BTC product! As one of the main providers of EFP (exchange-for-physical) in the crypto market, we use our balance sheet to support the link between
#derivatives
and their underlying assets.
#cryptocurrency
#GOLD
Crypto liquidity and OTC provider
@B2C2Group
has launched a gold derivatives product that's settled in $BTC and aimed to capitalize on a growth in haven assets.
Need a ticket for
@TheBitcoinConf
in Miami? We've got your back! 🔥🌴😎
Reply to our question below for a chance to win a ticket to attend:
What do you think will be the biggest mover of
#crypto
markets in the month of March?
Let the giveaway begin! 🏁
📉“
#OTC
lending
#markets
are pretty much frozen for the time being, while uncertainty remains as to where exactly the credit risk lies.”
Check out last week’s flow analysis in
#CryptoBits
:
#Crypto
Credit Crunch
--
Read below👇