Bullish, which is a technology firm that runs a digital asset trading platform aimed at institutions called Bullish Exchange, has announced its collaboration with B2C2, a crypto liquidity provider.

The partnership is designed to provide trading liquidity for crypto institutions. The amount of B2C2 trading volume that is traded via Bullish is unknown.

B2C2 provides liquidity and is a Japanese market maker for crypto. In December 2020 , it was acquired SBI Financial Services. This was the first time a major financial company owned a crypto desk.

Bullish’s CEO Tom Farley stated in a press release that he was “proud” to add B2C2 as a new customer.

This partnership aligns both companies’ business objectives by allowing Bullish to deliver its unique liquidity to B2C2 clients’ large number of clients via fast execution, reliable trading, and transparent pricing.

Bullish has also struggled to establish itself in the market. It has only recorded around $200 billion worth of trading volume since its launch in November 2021, which is roughly equivalent to the monthly trade volume of Binance. This is despite the backing it has received from notable venture capitalists like Peter Thiel, Galaxy Digital, and the crypto eco-system incubator Block.One. , in the wake of the collapsed FTX exchange decided to cancel a public listing through a special-purpose acquisition company (SPAC).

Parikshit Miishra is the editor.