Crypto market maker B2C2 has been in contact with multiple potential buyers over the past 18 months, seeking a valuation of over $1 billion

TechFlow news, July 24, according to CoinDesk citing sources familiar with the matter, cryptocurrency market maker B2C2, 90% owned by Japan's SBI Holdings, has held discussions with multiple potential acquirers regarding a partial or full sale over the past 18 months. Sources said the main obstacle in negotiations is a disagreement over valuation; B2C2 is seeking a valuation of over $1 billion, but given the weak trading activity in the current crypto market and pressure on industry profitability, it is highly difficult to close such transactions. It remains unclear whether negotiations are still ongoing.