B2C2 joins International Swaps and Derivatives Association as primary member

The crypto-native liquidity provider becomes the first principal-at-risk crypto trading firm to become a primary member.

Institutional crypto market counterparty B2C2 has joined the International Swaps and Derivatives Association (ISDA) as primary member, a category which includes over 200 global institutions trading derivatives.

B2C2 was established in 2015 and is a crypto-native liquidity provider with over 450 active institutional clients in more than 50 countries. A wide range of OTC desks, FX brokers, aggregators, banks and hedge funds utilise B2C2 to gain principal liquidity across market conditions.

A full service offering across spot, funding and derivative products is provided by the firm with 24/7/365 global coverage and client support.

In 2019, B2C2 replaced the Digital Asset Purchase Agreement in use with the introduction of a crypto-specific ISDA Master Agreement, providing clients with the standard legal framework under which to trade.

In addition, B2C2 became the first to launch electronic pricing and execution in 2019 and was the first European firm to receive a MiFID regulatory licence for its derivatives business.

“At B2C2 we provide a safe, efficient and resilient framework for institutional firms seeking to participate in the fast-growing crypto asset class,” said Nicola White, president of B2C2 USA, who was appointed to the position in August last year.

“We are delighted to now be a part of ISDA and look forward to helping our clients advance their capabilities in crypto derivatives, a market segment with huge potential.”