From $50M bitcoin deals to almost selling for $50M at the market bottom: The story of B2C2
Quick Take
- The crypto bear market had one trading firm searching for a buyer in recent months
- B2C2 in 2017 was taking calls for $50 million bitcoin deals
- But the bear market forced the firm to search for new opportunities, CEO Max Boonen told The Block
B2C2, a UK-based cryptocurrency market-making firm, was doing multi-million dollar bitcoin deals in 2017 but the crypto bear market almost brought it to the chopping block in 2018. Sources familiar with the situation told The Block that the firm in recent months was searching for a buyer and laid off a number of employees, including those in business […]
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