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B2C2, a cryptcurrency liquidity provider based in the United Kingdom, announced last week that its subsidiary, B2C2 OTC Ltd., has received authorization from the Financial Conduct Authority (FCA) to conduct deals in contracts for difference (CFDs).

This means that counter-parties and other eligible professional clients can take advantage of derivative exposure to cryptocurrency markets, offering customers the benefits of competitive pricing and liquidity while avoiding the risks that come with possessing cryptocurrency.

B2C2 was founded in 2015 and it has since become one of the biggest cryptocurrency liquidity providers in the world. Liquidity providers manage and trade a long list of fiat currencies and cryptocurrencies. Clients access this list so they can buy and sell cryptocurrencies. B2C2 bridges the gap between cryptocurrency markets and traditional financial markets to provide retail brokerages, exchanges, and financial institutions with round-the-clock liquidity. B2C2, which is a privately held firm, is based in the UK and has offices in London and Tokyo.

B2C2, considered one of the most experienced and trusted cryptocurrency trading companies, is now the first to offer clients an electronic OTC desk. B2C2 OTC uses state-of-the-art technology that enables them to offer streaming prices and seamless execution of REST and FIX APIs. B2C2 is integrated with Simplex Inc., oneZero, Gold-1, and other large liquidity hubs. B2C2’s OTC business deals with everything from smaller algo trades all the way up to multi-million dollar blocks.

B2C2 has traded tens of billions of dollars worth of local currencies like U.S. dollar, euro, Japanese yen, and Singaporean dollar as well as cryptocurrencies including Bitcoin Core (BTC), ETH, and XRP.

B2C2 is a member of CryptoUK which is the UK cryptocurrency industry’s first self-regulatory trade association. It is also a member of the Blockchain and Virtual Currencies Working Group, the French Cryptocurrency Management Association, and the Cryptocurrency Business Association of Japan. The firm is a founding member of the University of Oxford’s Centre for Technology and Global Affairs.

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