CoinDesk·3 min read·medium

Crypto market maker B2C2 held sale talks with multiple potential buyers

W
Will Canny
Crypto market maker B2C2 held sale talks with multiple potential buyers
AI Summary

B2C2, a major institutional cryptocurrency market maker, has reportedly held acquisition talks with several potential buyers over the past 18 months. While the firm seeks a valuation exceeding $1 billion, market volatility and subdued trading volumes have complicated potential deal-making.

B2C2, the crypto market maker 90% owned by Japan's SBI Holdings, has held takeover talks with several potential acquirers over the past 18 months, according to five people with knowledge of the matter.

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