Crypto Market Maker B2C2 Grows APAC Presence with New Office in Singapore

B2C2, the global leader in institutional liquidity and credit for digital assets, announced Monday that it has opened a new office in Singapore, further expanding its presence in the Asia-Pacific region.

The new business will be led by David Rogers, CEO APAC of B2C2. Currently, in addition to Singapore, the company has offices in London, Paris, Luxembourg, New Jersey, Tokyo. B2C2 is backed by Japanese financial services group SBI.

Also, B2C2 is set to apply for a Major Payment Institution licence under the Monetary Authority of Singapore.

"B2C2 has had a longstanding connection with Asia thanks to our partnership with SBI. As a leading financial centre both in the region and globally, Singapore was a logical choice for the expansion of our APAC footprint. David brings a wealth of expertise to the Chief Executive role, and we look forward to supporting him in growing our operations in the region," said Thomas Restout​, Group CEO of B2C2.

"I am thrilled to be leading B2C2's Asia-Pacific team," said David Rogers. "With an already very strong APAC team, we will augment this in Singapore, which is on track to be an international hub for regulated digital asset trading. We are excited to work with regulators and partners to grow this ecosystem."

In February, Fazzaco reported that B2C2 has become the 12th Virtual Asset Service Provider​ (VASP) registered with the Commission de Surveillance du Secteur Financier's (CSSF) in Luxembourg.