The encryption market maker B2C2 seeks to raise $200 million, SBI may reduce its stake.

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[Block Rhythm] On July 17, according to sources, B2C2, a Crypto Assets market maker in which SBI Holdings holds a 90% stake, is seeking to raise more funds from external investors. According to informed sources, the London-based company plans to raise up to $200 million, and since this matter has not been made public, the sources indicated that part of the funds will 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 not yet responded to the request for comment.

SBI Holdings' subsidiary SBI Financial Services acquired 90% of the London-based B2C2 in December 2020, after the company initially invested $30 million in July of the same year.

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AirdropHuntervip
· 07-20 05:04
Is SBI getting ready to leave?
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PermabullPetevip
· 07-20 01:10
Leaving early is the best strategy.
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RektRecordervip
· 07-20 00:14
Why is there a shortage of money again?
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gaslight_gasfeezvip
· 07-17 05:45
The funds have been trapped.
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MetaverseVagabondvip
· 07-17 05:42
Cash is indeed king.
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StableGeniusvip
· 07-17 05:39
Funds are flowing and dispersing.
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MetaDreamervip
· 07-17 05:39
The cash flow seems a bit tight.
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RiddleMastervip
· 07-17 05:33
Holding 90% of the shares is still not reassuring.
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GasWastervip
· 07-17 05:18
Estimated cash flow is not good.
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