B2C2 seeks valuation over $1 billion, has held talks with multiple potential acquirers over the past 18 months
2026-07-24 11:53
Odaily Odaily Planet Daily News SBI Holdings holds a 90% stake in crypto market maker B2C2, which has been in acquisition talks with multiple potential acquirers over the past 18 months.
The negotiations have been affected by valuation differences. B2C2 is seeking a transaction price exceeding $1 billion, and one source familiar with the matter said this price is difficult to achieve in the current crypto market environment.
The relevant negotiations are taking place against the backdrop of consolidation in the digital asset industry, with several companies looking to expand their institutional businesses and increase scale through acquisitions.
The negotiations have been affected by valuation differences. B2C2 is seeking a transaction price exceeding $1 billion, and one source familiar with the matter said this price is difficult to achieve in the current crypto market environment.
The relevant negotiations are taking place against the backdrop of consolidation in the digital asset industry, with several companies looking to expand their institutional businesses and increase scale through acquisitions.
