Sources say that the encryption market maker B2C2 is trying to raise 200 million dollars.

On July 17, according to reports from CoinDesk citing sources, B2C2, a cryptocurrency market maker in which SBI Holdings holds a 90% stake, is seeking to raise more funds from external investors. According to insiders, the London-based company plans to raise up to $200 million, and since this matter has not been made public, the insider indicated that part of the funds would be used to help Tokyo-based SBI Holdings reduce its 90% stake. B2C2 declined to comment. As of the time of publication, SBI Holdings has also not responded to requests for comment. SBI Holdings' subsidiary SBI Financial Services acquired 90% of the London-based B2C2 in December 2020, after the company first invested $30 million in July of the same year.