B2C2 announced on Tuesday that it is partnering with (oneZero), a software provider for both institutional and retail trading brokers. The partnership will enable oneZero’s clients to access B2C2, a cryptocurrency liquidity provider to institutional investors.
Founded in 2015 by a former Goldman Sachs trader, Max Boonen, B2C2 has quickly become one of the largest cryptocurrency market makers in the world. The firm has focused its efforts on the institutional market and, since its founding, has taken individual orders worth tens of millions of dollars.
Still interested
The company’s deal with oneZero was driven by the demands of institutional clients. Despite an interest in cryptocurrency cooling after the boom that , institutional investors still want exposure to major cryptocurrencies, such as Bitcoin and Ethereum, against fiat currencies.
Integration with oneZero’s technology should be fairly straightforward for B2C2. The market maker’s platform can integrate with FIX-based systems, such as oneZero’s, meaning that oneZero’s clients can plug-in to the B2BC’s system and have direct access to its services.
The partnership will also see B2C2 joining oneZero’s liquidity EcoSystem. This is a distribution channel of multi-asset class liquidity for a network of brokers, prime brokers and hedge funds. Current members of the EcoSystem include Sucden Financial and Swissquote.
Andrew Ralich, CEO of oneZero, commented on the new partnership, stating: “B2C2 is a leading cryptocurrency market maker, and their institutional-grade solution is indicative of how the market’s capabilities are quickly evolving. We look forward to anticipating and continuing to deliver innovative services for our clients.”
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