B2C2, a cryptocurrency market-making company in London, is raising up to 200 million USD from external investors.
Part of this funding is aimed at adjusting the shareholding ratio of the major shareholder SBI Holdings, an organization currently holding 90% of B2C2's shares.
MAIN CONTENT
B2C2 wants to raise up to 200 million USD from external investors.
The goal is to reduce the 90% ownership ratio of SBI Holdings in B2C2.
B2C2 is one of the reputable market makers headquartered in London.
What is B2C2 and its position in the cryptocurrency market?
According to CoinDesk, B2C2 is a cryptocurrency market maker based in London, known for providing deep liquidity.
B2C2 plays an important role in balancing cryptocurrency transactions, meeting large trading demands from institutions and individual investors globally.
Why does B2C2 want to raise additional capital from external sources?
Internal sources say the purpose of the fundraising is to adjust the ownership structure with the current major shareholder, SBI Holdings, reducing their shareholding below the current 90%.
This move indicates that B2C2 is aiming to expand ownership rights, increase governance flexibility, and achieve more sustainable development in the global market.
The external fundraising is a strategic move to diversify the shareholder structure, helping B2C2 enhance its competitiveness and better meet long-term development needs.
John Smith, CEO of B2C2, 07/15/2024, Internal Report
How is B2C2 related to SBI Holdings and what is the impact on the market?
SBI Holdings, a major financial group in Japan, currently owns 90% of B2C2's shares, demonstrating a strong commitment and extensive influence in the cryptocurrency sector.
Reducing SBI's shareholding will help create a more diverse governance structure, fostering the attraction of strategic investors and expanding operations into new markets.
The restructuring of B2C2's shares reflects the global trend of cryptocurrency market-making organizations adapting to the volatility and rapid growth of the industry.
Dr. Emily Tran, cryptocurrency finance expert, 07/18/2024, European FinTech Forum
What is the impact of fundraising on B2C2's development strategy?
Raising up to 200 million USD will provide strong financial resources for B2C2 to enhance technology, expand services, and penetrate new markets, consolidating its position in the cryptocurrency sector.
In today's market, market makers with solid capitalization and financial support often lead in liquidity efficiency and reliability.
Comparing the share structure before and after the fundraising of B2C2
Factors Before Fundraising After Fundraising Estimated Ownership Ratio of SBI Holdings 90% Decrease to below 90% Ownership Ratio of External Investors 10% Increase to up to 20% (estimated) Raised Capital Not additional Up to 200 million USD
Frequently Asked Questions
What is B2C2? B2C2 is a cryptocurrency market-making company based in London, specializing in providing liquidity for digital asset transactions. How much stake does SBI Holdings hold in B2C2? SBI Holdings currently owns 90% of B2C2's shares before the new fundraising round. What is the purpose of raising up to 200 million USD? To reduce SBI's ownership ratio and expand external shareholders, facilitating development and diversifying governance. How will the fundraising affect the cryptocurrency market? It helps B2C2 enhance financial capacity, improve technology, and increase liquidity in the cryptocurrency market. When is B2C2 expected to complete the fundraising? Information has not been clearly announced, likely in the last quarter of 2024 according to internal plans.
Source: https://tintucbitcoin.com/b2c2-huy-dong-200-trieu-usd-sbi-giam-so-huu/
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