B2C2 announced earlier today that it is partnering with oneZero Financial Systems to launch a cryptocurrency liquidity service for institutional investors.
The partnership will allow oneZero, a software provider for both institutional and retail trading brokers, to offer its clients access to B2C2, a cryptocurrency liquidity provider for institutional investors.
B2C2 was founded in 2015 by former Goldman Sachs trader Max Boonen. The company has quickly risen to become one of the largest liquidity providers in the cryptocurrency market. To date, the firm has focused its efforts on the institutional market while processing tens of millions of dollars of individual orders.
As reported by Finance Magnates, B2C2 was motivated to partner with oneZero after receiving demands from institutional clients. Despite the downturn in global crypto markets that has taken place throughout late 2017 and early 2018, institutional investors are still demanding exposure to major cryptocurrencies like bitcoin and Ethereum against fiat currencies.
By integrating with oneZero’s technology, B2C2 can offer its liquidity service to a growing network of institutional investors. B2C2’s platform is designed to integrate with FIX-based systems like the one used by oneZero. With the new partnership, oneZero’s clients will be able to plug into the B2BC system and get direct access to B2BC’s services.
oneZero has an existing liquidity service called EcoSystem. That liquidity service consists of a distribution channel of multi-asset class liquidity used by a network of brokers, prime brokers, and hedge funds. By partnering with oneZero, B2C2 can join the company’s EcoSystem liquidity channel.
oneZero is anticipating the continued growth of services as part of the partnership with B2C2:
“B2C2 is a leading cryptocurrency market maker,” explained oneZero CEO Andrew Ralich in a statement, “and their institutional-grade solution is indicative of how the market’s capabilities are quickly evolving. We look forward to anticipating and continuing to deliver innovative services for our clients.”
B2C2 is headquartered in London, UK. The company has risen to become one of the world’s largest liquidity providers in crypto assets, and financial institutions and large volume traders worldwide depend on B2C2 for seamless cryptocurrency trading. oneZero, meanwhile, is a Boston-based company founded in 2009 specializing in financial software development, including MetaTrader 4 bridge solutions catered to brokerages.