[ccpw id="5"]

Home.forex news reportB2C2 and OpenPayd Partner for Fiat Transactions in Crypto Trade Settlements

B2C2 and OpenPayd Partner for Fiat Transactions in Crypto Trade Settlements

-


B2C2, a provider of institutional liquidity for digital
assets, announced an integration of OpenPayd’s embedded finance tools into its
instant settlement network. According to the release, the partnership aims to
simplify fiat currency transactions for B2C2’s clients in trade settlement
processes.

Fiat-Crypto Transaction Facilitated

B2C2, a digital asset trading firm backed by Japan’s SBI
Holdings, offers institutional clients liquidity across various market
conditions. OpenPayd, a Banking-as-a-Service (BaaS) platform, provides global
payment capabilities aimed at reducing friction in traditional banking.

“Today’s digital financial ecosystem requires more agility,
speed, and around-the-clock functionality—traits that conventional banking
models struggle to deliver” said Massimo Di Placido, Group CFO at B2C2.

“By partnering with OpenPayd and integrating their embedded
finance infrastructure we’re bridging the gap between traditional and digital
markets, and enabling our institutional clients to move fiat currency as
swiftly and effortlessly as they transfer digital assets.”

Meanwhile, B2C2
has expanded its executive team by appointing Cactus Raazi
as the Chief
Executive Officer of its US unit, as reported by Finance Magnates. He will be
located in the company’s New Jersey office and will report directly to the
Group CEO, Thomas Restout.

OpenPayd Supports Crypto Settlement

Through this integration, B2C2’s clients gain simplified
onboarding with OpenPayd, multi-currency account access, and instant
third-party payment functionality.

“B2C2 is a leader within the digital asset market, committed
to delivering a seamless trade execution and settlement experience for their
institutional clients,” said Iana Dimitrova, CEO at OpenPayd.

“OpenPayd’s resilient and scalable infrastructure combined
with our easy and efficient onboarding process meets the needs of B2C2 and its
trading counterparties, and we’re proud to be selected as an embedded finance
partner.”

This article was written by Tareq Sikder at www.financemagnates.com.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

UK Financial Regulators Introduce New Rules for Critical Third-Party Risks

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24...

Allows Trading with Suspended License

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24...

Epson EcoTank ET-2850 Wireless Color All-in-One Cartridge-Free Supertank Printer with Scan, Copy and Auto 2-Sided Printing – White, Medium

Price: (as of - Details) Your home needs a printer that’s fast, affordable, easy to use, and has great features. That’s why we...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img