Uk-based crypto lending and liquidity provider B2C2 is teaming upward with SFOX, a leading U.S. crypto company serving institutional investors, according to a Feb. 12 press release.

This partnership is aimed at letting SFOX clients (including asset managers, family offices and high net worth individuals) admission B2C2's large liquidity pools and better-priced over-the-counter (OTC) markets though a single point of entry.

Danny Kim, head of growth at SFOX, said:

"We are delighted to partner with B2C2, the largest OTC liquidity provider whose streaming pricing and electronic trading capabilities are relied on by institutional market place participants globally. SFOX clients will now benefit from a new source of OTC liquidity coupled with greater price discovery."

Max Boonen, founder and CEO of B2C2, said:

"Our partnership enables a broader set of market participants to access B2C2's real-fourth dimension OTC pricing and deep two-way markets. Much similar the FX markets which are almost entirely OTC, the digital asset form is increasingly trading off-exchange, resulting in tighter spreads and deeper liquidity."

B2C2 is the first OTC trading venue to be added to the SFOX platform. Leadership at both platforms believe that cryptocurrency OTC markets have gained market place share from traditional exchanges over the by iii years. A written report by Aite Group1 predicted that OTC activity would soon account for the majority of cryptocurrency trading volume.

Cointelegraph reported that recent data from Tabb Group shows that the share of U.s. equities traded off-exchange increased from 34.7% in December 2022 to 38.six% in April 2022. This trend is too being mirrored in Europe, where off-exchange trading accounted for 9.half dozen% of all on-exchange activeness for the same period.