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 Exchange (SQX), a central limit order book that offers deep liquidity and a secure environment for trading cryptocurrencies.

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.”

See also  B² Network and Merlin Chain Forge Strategic Partnership to Enhance Bitcoin Ecosystem Security and Liquidity

Source link