— B2C2 to acquire stake in LGO’s equity and token —
BORDEAUX, France — LGO, the leading institutional-focused Bitcoin spot exchange, and B2C2, the leading cryptocurrency liquidity provider, today announced a partnership to develop LGO into Europe’s premier institutional cryptocurrency exchange. B2C2 will also acquire a stake in LGO’s equity and token. The partnership will allow LGO’s clients to access B2C2’s deep pools of liquidity.
Launched in April 2019, LGO serves more than 50 institutions in 15 different countries and offers a market microstructure based on order batching in order to guarantee fair price discovery. This module has been developed by LGO’s engineering team and has been made open-source on https://lgono.de
B2C2 offers exposure to large-cap cryptocurrencies and gold, with flexible trade size and settlement. Trusted by brokerages, exchanges, banks and fund managers to provide 24/7 liquidity, the firm has been a major market maker on the biggest crypto exchanges since 2015. The company’s global footprint spans exchanges and OTC markets in the Americas, Europe and Asia.
“From the outset, our mission with LGO has been to create the go-to digital asset spot trading venue, offering the sophisticated trading experience that financial market institutions have come to expect,”
said Hugo Renaudin, CEO and Co-Founder of LGO Group.
“We have developed a proprietary technology that offers clients the ability to trade using an innovative price discovery model. Our partnership with B2C2 allows us to offer clients the liquidity they need.”
Max Boonen, Founder and CEO of B2C2, said:
“Much like the evolution of the FX markets, exchange flows will be pulled towards a handful of liquid venues and we believe that LGO’s matching technology can help it become a key contender.”
LGO and B2C2 plan to roll out new products and services during the course of 2020, to include OTC execution, digital asset financing and stablecoin trading.
Founded in 2015, B2C2 is the leading cryptocurrency liquidity provider. Awarded Cryptocurrency Innovation of the Year in 2020 by FStech and Best Institutional Crypto Liquidity Provider in 2019 by the readers of Profit & Loss, B2C2 bridges the gap between traditional financial and cryptocurrency markets. The company is trusted by brokerages, exchanges, banks and fund managers to provide 24/7 liquidity. Headquartered in the UK, with offices in London, Jersey City and Tokyo, the firm is privately held. For more information, please visit https://www.b2c2.com
LGO is the leading Bitcoin spot exchange for institutions. Live since April 2019, they are trusted by over 50 institutional counterparties across 15 countries. With a boutique approach they provide a suite of fully customizable services, best in class technology, and deep liquidity. With offices in the US and in France, LGO has been selected in the FrenchTech 120 as one of the French global technology leaders of tomorrow. Please contact us at: https://lgo.group