Sources: Crypto market maker B2C2 plans to raise up to $200 million

According to CoinDesk, citing multiple sources, B2C2, a cryptocurrency market maker regulated by the UK's FCA, is seeking to raise up to $200 million from outside investors. Part of this financing will be used to help its major shareholder, SBI Holdings, reduce its stake. SBI Holdings' subsidiary, SBI Financial Services, acquired 90% of London-based B2C2 in December 2020, after first investing $30.00 million in July of the same year. B2C2 declined to comment. SBI Holdings had not yet responded to a request for comment as of press time. [ChainCatcher]