On August 24, 2023, B2C2, the leading crypto liquidity provider servicing institutional clients globally, completed the acquisition of Woorton, the European leader in market-making and over-the-counter transactions in the digital asset industry.
Nicola White, CEO of B2C2 said, “This acquisition is an important milestone in the ongoing journey of B2C2’s growth and evolution.”
This strategic move shows that B2C2 is serious about getting more clients. Because of the upcoming Markets in Crypto Assets (MiCA) regulations, this acquisition helps B2C2 serve clients in the European Union.
Woorton, founded in 2017, supports an active client base of around 250 clients trading 96 coins and providing 24/7 liquidity.
It also lets B2C2 grow its client base in places like the United Kingdom, Asia-Pacific, and the United States.
Through the acquisition, B2C2 gains entry to Woorton’s PSAN (digital asset service providers) License, overseen by the AMF (French Financial Markets Authority). This license allows B2C2 to conduct operations within the European Union.
Thomas Restout, Head of EMEA at B2C2 said, “Like us, the Woorton team has a TradFi background but with the same crypto and digital assets laser focus. Together we are a combination of highly complementary businesses that deliver multi-asset breadth and depth to clients in the EU market.”
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