B2C2 Joins Swissquote to Enhance Cryptocurrency Trading Liquidity
B2C2, a provider of institutional liquidity for digital assets, has announced a partnership with Swissquote, an online banking and financial services provider based in Switzerland. Swissquote has developed Swissquote Exc...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
B2C2, a provider of institutional liquidity for digital assets, has announced a partnership with Swissquote, an online banking and financial services provider based in Switzerland. Swissquote has developed Swissquote Exchange (SQX), a central limit order book that offers deep liquidity and a secure environment for trading cryptocurrencies.
Cryptocurrency Offerings and Liquidity with Integration
Users of SQX can trade, hold, and transfer cryptocurrency assets within their Swissquote accounts, under the regulation of a Swiss bank. Since its launch in October 2022, SQX has expanded to include over 40 cryptocurrencies.
The collaboration between SQX and B2C2 is intended to enhance the digital asset marketplace by increasing trading activity and improving operational efficiency. B2C2's integration with SQX is expected to increase the liquidity available to traders on the platform, while SQX offers B2C2 access to a broader range of market participants.
Thomas Restout, Group CEO of B2C2, said: “We areexcited to collaborate with Swissquote, a major financial services providerwith its extensive client footprint. We are pleased to deepen liquidity on theSQX exchange, providing clients with enhanced trading opportunities andreinforcing our competitive edge in the industry. Together, we are poised tounlock new growth avenues through liquidity solutions."
Liquidity Solutions for Diverse Financial Markets
B2C2 provides consistent liquidity across various market conditions, featuring competitive bid-ask spreads that facilitate trades with minimal price impact. The company also offers efficient settlement and enhanced capital efficiency through credit offerings.
B2C2’s clientele includes major over-the-counter desks, aggregators, banks, exchanges, family offices, foreign exchange brokers, and hedge funds.
Jan De Schepper, CSO of Swissquote, said: “SQX has proven itself asthe biggest and strongest digital assets exchange in Switzerland leading with greater liquidity and faster execution for our customers,strengthening our position as a recognised leader in crypto trading."
"We aredelighted to have B2C2 as a strategic partner at our side. Together, we arecommitted to providing superior execution, enhanced transparency and an evenbetter overall trading experience.”
This article was written by Tareq Sikder at www.financemagnates.com.Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Finance MagnatesRelated market context
Wells Fargo Reportedly Talking With Kraken Parent Payward to Source Crypto Trading Liquidity
Wells Fargo is in discussions with Payward, the company that operates the Kraken exchange, about a deal that would have Payward su...
Coinbase Pro returns with enhanced features, expands market options
Coinbase Pro's relaunch could boost market activity and influence Ethereum's price dynamics, reflecting strategic ecosystem expans...
Why Bitcoin’s Liquidity Advantage Matters as Institutions Move In
Bitcoin Magazine Why Bitcoin’s Liquidity Advantage Matters as Institutions Move In Bitcoin’s portability, divisibility and accessi...
Is the UK Becoming One of the World’s Most Hostile Crypto Tax Jurisdictions?
In UK crypto news, the island nation is combining planned automatic crypto reporting across 52 jurisdictions with separate proposa...
Grayscale Adds BitGo To Hyperliquid Staking ETF Custody Setup
TL;DR: Grayscale has added BitGo Bank & Trust as an additional custodian for a portion of the HYPE held by its Hyperliquid Staking...
Coinbase opens full PONS-USD trading with limit, market, and stop orders
Coinbase's rapid PONS-USD listing enhances market accessibility, potentially boosting trading volume and liquidity despite regiona...