SBI - B2C2

[Julian_Williams]

https://www.theblockcrypto.com/post/69812/japan-sbi-30-million-stake-crypto-b2c2?utm_source=cryptopanic&utm_medium=rss

 

Edited July 1, 2020 by Julian_Williams

[Dario_o]

This is actually big news, because SBI will ask them to provide XRP liquidity where is most needed

 

Quote

 

What is B2C2?

We are a leading cryptocurrency market maker. Bridging the gap between traditional financial infrastructure and cryptocurrency markets, we are trusted by clients globally for our ability to provide seamless execution in the major cryptocurrencies and fiat currency pairs. We have traded tens of billions in cryptocurrency to date and our clients include banks, hedge funds, asset managers, brokers, and family offices. Founded in 2015 and headquartered in London, B2C2 is privately held.

What does it mean to be a liquidity provider?

We trade and manage a deep pool of cryptocurrencies and fiat currencies, and our clients can access this pool to buy and sell cryptocurrencies from/to us. Our system is online 24/7 and is always available to quote prices in all major crypto and fiat currency pairs.

 

 

[Julian_Williams]

2 hours ago, Dario_o said:

This is actually big news, because SBI will ask them to provide XRP liquidity where is most needed

 

 

Yes, Eri said the same.  It unblocks a liquidity pinch point

I do not understand the detail

It is a necessary piece to get their flywheel spinning