The acquisition of French market making company Woorton by London-based liquidity provider B2C2 serves as another signal of institutional entry making waves within the global crypto marketplace. Woorton’s specialised PSAN license facilitates this integration while helping B2C2 navigate through the labyrinthine regulations of the EU market with minimal friction.
This amalgamation of expertise and regulatory prowess complements the respective benefits each entity brings to the table. Woorton’s client base and over-the-counter (OTC) services will be integrated with B2C2’s already robust framework to bolster overall crypto market liquidity. This dynamic is particularly critical given crypto markets’ notorious volatility, drawing attention from the naysayers pointing towards the shadier recesses of market transparency.
On the flip-side, critics might say that the aforementioned liquidity is a double-edged sword – implying not only a steady supply of ready-to-trade assets but heart-dropping volatility as well. What’s more, blips such as U.S. trading firms Jane Street and Jump scaling back their cryptocurrency operations only amplify the skepticism for digital currency stability.
The market, however, has a different take to this story. An increasing number of multinational financial behemoths have been extending their reach into the crypto sphere – Japanese financial group SBI Holdings acquired B2C2 last year, becoming the first major financial group to own a crypto trading firm.
Navigating through crypto’s often turbulent waters requires navigating a fine, almost invisible, line. While Woorton’s regulatory licenses undeniably play a significant role, it is the TradFi experience fused with a keen understanding of digital assets market that sets B2C2 apart. According to Thomas Restout, Head of EMEA at B2C2, the collaboration is highly complementary, delivering multi-asset breadth and depth to clients in the EU market.
For B2C2 and Woorton, this synergy, combined with the staying power of regulatory backing, holds the promise of giving them an edge in the ever-shifting landscape of crypto markets. The challenge, it seems, would be to weather the storm of doubt and skepticism while capitalizing on the upward trend of institutional adoption. For the rest of us, it’s a front-row seat to the future of crypto trading in a rapidly evolving market.
Source: Coindesk
