Deal Type

  • Buy-side M&A

Avolta is proud to have acted as the sole financial advisor to UK-based B2C2 (backed by SBI) on its acquisition of French liquidity provider Woorton. 

Established in 2017, Woorton offers global liquidity to the digital asset sector. With nearly 250 active clients, they trade 96 coins, ensuring 24/7 liquidity. Their expertise lies in algorithmic trading and advanced technology, aiming for efficient execution and providing access to a global network. Woorton is a reliable and regulated partner for institutional clients, holding an AMF DASP License. They actively engage with regulators and co-founded ADAN (Association for the Development of Crypto-Assets) to foster industry-policy dialogue, contributing to France’s digital asset regulatory framework. Founders of Woorton are also founders of the Blockchain Week in Paris with Michael Amar.  

B2C2, a digital asset pioneer since 2015, facilitates institutional crypto access providing consistent liquidity for clients around the world. Powered by crypto-native technology and constant innovation, it’s the preferred partner for major global institutions. Majority-owned by Japanese financial group SBI, B2C2 Ltd operates from the UK and has a presence in the US, Cayman Islands and Japan. 

This strategic move solidifies B2C2’s aim to expand client coverage in Europe. With incoming MiCA regulations, B2C2 can now serve EU clients and tap into growth opportunities beyond the UK, Asia-Pacific, and the US. This acquisition also grants B2C2 access to Woorton’s PSAN License, authorized by AMF, enabling operations within the EU. For Woorton and its clients, the strengthened platform will now offer an even more robust liquidity pool and market presence. 

This is yet another transaction for Avolta/Alantra in the Crypto/Blockchain space, confirming our leadership in this industry,  having advised in particular RTFKT on its fundraising with Andreessen Horowitz and on its sale to Nike, financing of BBGS, advising LVMH on its Aura Blockchain Consortium or the carve-out of FundsDLT for the Luxemburg Stock exchange.