COUNTERPARTY FILE · last re-checked 2026-09
B2C2 — institutional liquidity provider
The record highlights certain unverified claims and gaps in publicly available information.
Licence, read literally
| Regulator | Licence number | Jurisdiction | Tier | Source |
|---|---|---|---|---|
| FCA | 810834 | UK | tier-1 | open source ↗ |
| CSSF (MiCA CASP authorisation; VASP registration from 2024) | not verified | Luxembourg | tier-1 | open source ↗ |
Tier classification follows the same scale as the retail register: tier-2 means real supervision and client-money segregation, without an investor compensation scheme — never misread it as tier-1 protection.
Residuals a counterparty carries
Unpublished MiCA CASP license number
B2C2 Europe S.à r.l. has obtained MiCA authorisation, but the license number is not published.
Source: own press release
Unclear founding year
While widely reported as founded in 2015, B2C2 does not state its founding year on its own pages.
Source: firm disclosures page
The claims ledger
Claims specific enough to be falsified — and the ones that remain the venue's own measurement.
Testable claims
- B2C2 OTC Ltd is authorised and regulated by the FCA in the UK (reference number 810834) in relation to the regulated activities it performs, while its cryptoasset services are not currently regulated by the FCA and clients will not benefit from compensation/ombudsman schemes (b2c2.com/disclaimer)
- B2C2 Europe S.à r.l. obtained MiCA authorisation from Luxembourg's CSSF as a Crypto-Asset Service Provider on 13 May 2026, announced 15 May 2026, enabling OTC spot crypto services across the EU/EEA via passporting; the firm had been registered as a VASP in Luxembourg from 2024 (own press release)
- B2C2 Europe S.à r.l. is registered with the CSSF as a Virtual Asset Service Provider, RCS number B265273, 1 rue Jean Piret, L-2350 Luxembourg (b2c2.com/disclaimer)
- Institutional solutions page lists 24/7/365 support for asset managers, funds, banks, brokers, exchanges, DATs, fintechs and crypto projects (b2c2.com)
Claims we cannot verify from outside
- 'Global leader in institutional digital asset liquidity' positioning (self-description)
- 'Battle-tested technology' / 'crypto-native expertise' marketing language
- 'First Global OTC Liquidity Provider to secure a CASP licence' superlative (self-claimed, cannot be independently verified without a CSSF register check)
Perimeter and coverage
| Asset classes | Venues | Connectivity | Clients accepted | Explicitly refused |
|---|---|---|---|---|
| Crypto OTC spot, Stablecoin swaps, Digital-asset market making | API (OTC), Chat/voice OTC, Settlement 24/7/365 | Asset managers, Funds, Banks, Brokers, Exchanges, Fintechs, Crypto projects (own 'institutional solutions' copy) |
A firm that publishes its own negative space — who it refuses, where it is not licensed — is materially easier to diligence than one that doesn't. The refusal list is treated here as disclosure, not as a defect.