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Sources: Crypto Market Maker B2C2 Seeking to Raise $200 Million in Funding
Summary: According to sources cited by CoinDesk, B2C2, a crypto market maker with 90% ownership by SBI Holdings, is seeking to raise more funds from external investors. The London-based company plans to raise up to $200 million, with some of the funds intended to help SBI Holdings in Tokyo reduce its 90% stake, as the matter ...
According to sources cited by CoinDesk, B2C2, a crypto market maker with 90% ownership by SBI Holdings, is seeking to raise more funds from external investors. The London-based company plans to raise up to $200 million, with some of the funds intended to help SBI Holdings in Tokyo reduce its 90% stake, as the matter has not been made public yet, the sources said.
B2C2 declined to comment. As of the time of publication, SBI Holdings has not responded to requests for comment.
SBI Holdings' subsidiary, SBI Financial Services, acquired 90% of B2C2's shares in London in December 2020, after initially investing $30 million in July of the same year.
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Link: Sources: Crypto Market Maker B2C2 Seeking to Raise $200 Million in Funding [Copy]
