VENUE FILE · filed 2026-09 · last re-checked 2026-09
B2C2 — the liquidity layer, one venue at a time
B2C2 OTC Ltd is a key institutional crypto OTC liquidity provider, offering services across the UK and EU, enhancing market structure for digital assets.
B2C2 OTC Ltd (UK, company 10102984); group incl. B2C2 Ltd (Cayman 1927413), B2C2 Europe S.à r.l. (Luxembourg RCS B265273), B2C2 USA Inc., B2C2 Asia Pte. Ltd. · London, UK — 41 Lothbury, EC2R 7HF (own about page: 'Global locations London (HQ)') · evidence score 78/100
Licence, read on the register
| 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.
The claims ledger
Claims specific enough to be falsified — and the ones that remain the venue's own measurement.
- 4testable claims
- 3venue-measured claims
- 0named data centres
- 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 assess than one that doesn't. The refusal list is treated here as disclosure, not as a defect.
What the desk watches next
The follow-up plan attached to this file — each item re-checked on a future pass, dated and kept falsifiable.
- Verification of self-measured claims
- Details on licence tier limits