Digital assets market maker B2C2 has partnered with Swiss online banking and financial services provider Swissquote to deepen liquidity on the latter’s exchange.
Swissquote Exchange (SQX) is a central limit order book (CLOB) which offers liquidity alongside an environment to trade cryptocurrencies to a wide range of market participants.
Users are able to trade, hold, and transfer crypto assets in their Swissquote account, backed by the security associated with a regulated Swiss bank.
Since launching in October 2022, SQX has expanded its offerings to include more than 40 cryptocurrencies.
According to the firm, B2C2 provides liquidity across market conditions, and offers bid ask spreads which enable traders to execute trades with minimal price impact as well as efficient settlement and improved capital efficiency through appropriate credit offerings.
“SQX has proven itself as the biggest and strongest digital assets exchange in Switzerland leading with greater liquidity and faster execution for our customers, strengthening our position as a recognised leader in crypto trading,” said Jan De Schepper, chief sales and marketing officer at Swissquote.
“We are delighted to have B2C2 as a strategic partner at our side. Together, we are committed to providing superior execution, enhanced transparency and an even better overall trading experience.”
The collaboration between SGX and B2C2 seeks to help create a robust, liquid, and attractive marketplace in digital assets for institutional investors and other market participants, which can ultimately increase trading activity and improving operational efficiency.
The addition of B2C2 on SGX will expand the liquidity available to traders, while SGX will link new market participants to B2C2’s trading ecosystem.
“We are pleased to deepen liquidity on the SQX exchange, providing clients with enhanced trading opportunities and reinforcing our competitive edge in the industry. Together, we are poised to unlock new growth avenues through liquidity solutions,” said Thomas Restout, group chief executive of B2C2.