B2C2 has integrated with TP ICAP’s Financial Conduct Authority (FCA)-registered wholesale crypto asset exchange, Fusion Digital Assets, as a liquidity provider.
Under the agreement, B2C2 will provide liquidity and trading capabilities directly to the exchange Bitcoin and Ethereum order books, with plans to support additional order books as Fusion Digital Assets scales its crypto asset offering.
The announcement follows Fusion Digital Assets’ transition to a Matched Principal model, under which TP ICAP acts as a counterparty to both sides of each trade. This framework, already operated by TP ICAP across global markets, supported over $200 trillion in notional volumes in 2025.
Thomas Restout, group CEO, B2C2, said, “Our partnership with TP ICAP is a significant step in the evolution of institutional digital asset markets. By integrating B2C2’s liquidity into Fusion Digital Assets Matched Principal model, we are reducing the need for pre-funding and providing the capital efficiency that wholesale participants expect.
“As two London-headquartered leaders, we are proud to collaborate on infrastructure that reinforces the UK’s position as the premier hub for digital financial innovation.”
The transition to Fusion Digital Assets’ new Matched Principal model allows the exchange to, subject to regulatory and market conditions, expand its tradable asset universe, including support for USDC, SOL and XRP as well as the introduction of additional fiat currencies and Real-World Assets (RWAs)
The exchange’s operating hours will extend from 23 hours, five days a week to 24 hours, five days a week, with weekend coverage to follow.
At the start of the month, B2C2 collaborated with the Solana Foundation to support institutional stablecoin activity on the Solana network.
