SBI Holdings Eyes Sale of Majority-Controlled Crypto Exchange Maker B2C2

SBI Holdings is exploring options for the sale of B2C2, its majority-controlled London-based cryptocurrency exchange maker. The company has reportedly discussed a sale with various potential buyers over the past 18 months.

B2C2 was acquired by SBI Holdings in 2020 and provides liquidity to institutions, exchanges, and asset managers across spot, derivatives, and stablecoins markets.

The trend of market-making firms becoming part of core infrastructure rather than just trading desks is gaining momentum. This shift has raised concerns about the potential impact on market stability if there is a change in ownership, as liquidity providers play a crucial role in making price movements transparent.