B2C2 boosts European presence with Woorton acquisition

By Gloria Methri

Crypto liquidity provider B2C2 has announced the acquisition of Woorton, the European expert in market making and over-the-counter transactions in the digital asset industry.

This move is in line with B2C2’s commitment to enhance client coverage and with the incoming MiCA (Markets in Crypto AssetsRegulation) regulations, B2C2 will have the opportunity to service clients in the EU (European Union) jurisdiction as well as unlock client growth opportunities outside the United Kingdom, Asia-Pacific, and the USA.

The acquisition grants B2C2 access to Woorton’s PSAN License, regulated by the AMF, authorising B2C2 to operate inside the EU.

Founded in 2017, Woorton supports an active client base of nearly 250 clients trading 96 coins and 24/7 liquidity provision. The business has strong ongoing regulatory engagement and is a co-founder of ADAN (Association for the Development of Crypto-Assets), a new initiative to maintain a dialogue between the digital asset industry and policymakers. It is an active participant in drafting the regulatory framework applied to digital assets in France.

Charlie Meraud, CEO of Woorton said, “In joining forces with B2C2 we bring together the complementary strengths of our two firms. With a stronger combined platform, our customer base will enjoy access to a more robust liquidity pool and an improved market presence. We will better support our clients in providing the best liquidity and trading experience in digital assets and are thrilled to join Nicola, Thomas, and the team.”

Nicola White, CEO of B2C2 said, “This acquisition is an important milestone in the ongoing journey of B2C2’s growth and evolution. We welcome joining forces with Woorton’s expert team who, with their collective experience, have built a first-rate digital assets market-making firm supported by a robust client base and strong regulatory standing. We are excited about the possibilities that this acquisition unlocks for B2C2 and our client base in the EU.”