--- title: First Principal Trading Crypto Firm Joins ISDA as Primary Member description: B2C2 was first to introduce a crypto-specific ISDA Master Agreement. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/digital-crypto-exchange-May-12-2022-09-26-40-87-AM.jpg --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/first-principal-at-risk-crypto-firm-becomes-isda-primary-member#popup-newsletter) #### Want the latest news on securities markets -- FREE? Sign up to receive exclusive articles on topics including: - Equity market structure - Profiles of buy-side investment firms - The evolution of multi-asset-class trading - Regulation and its implications for markets - The search for liquidity in fixed income markets - The convergence of fintech and capital markets Select one or more newsletters you would like to receive: menu [![Markerts media](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/header%20logo.svg "Markerts media")](https://articles.marketsmedia.com/) - [Regulation](https://articles.marketsmedia.com/tag/regulation) - Regulation - First Principal Trading Crypto Firm Joins ISDA as Primary Member Search - [Home](https://articles.marketsmedia.com/) - [Trending](https://articles.marketsmedia.com/tag/trending) - [Featured](https://articles.marketsmedia.com/tag/daily-email-feature) - [Sectors](https://articles.marketsmedia.com/tag/sectors) - [From The Markets](https://articles.marketsmedia.com/tag/from-the-markets) - [AWARDS](https://articles.marketsmedia.com/tag/events) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Newsletter](https://articles.marketsmedia.com/first-principal-at-risk-crypto-firm-becomes-isda-primary-member#popup-newsletter) Hide search Search - NewsLetter ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg) [ON THE MOVE: Citi Hires Artie Ambrose;...](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_445735906_L.jpg) [Trading Adapts to ESG and Sustainable...](https://articles.marketsmedia.com/trading-adapts-to-esg-and-sustainable-investing) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-917493152-Jul-07-2022-09-34-19-09-AM.jpg) [Focus on FX Execution Connectivity](https://articles.marketsmedia.com/focus-on-fx-execution-connectivity) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_333839538_L.jpg) [TRACE Turns 20](https://articles.marketsmedia.com/trace-turns-20) 03.11.2022 By Shanny Basar Regulation # First Principal Trading Crypto Firm Joins ISDA as Primary Member 03.11.2022 By Shanny Basar ![First Principal Trading Crypto Firm Joins ISDA as Primary Member](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/digital-crypto-exchange-May-12-2022-09-26-40-87-AM.jpg) [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/first-principal-at-risk-crypto-firm-becomes-isda-primary-member) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/first-principal-at-risk-crypto-firm-becomes-isda-primary-member) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/first-principal-at-risk-crypto-firm-becomes-isda-primary-member) B2C2, the counterparty of choice in the institutional crypto market, announced that it has joined the International Swaps and Derivatives Association (ISDA) as Primary Member, a category that includes 200+ global institutions trading derivatives. Established in 2015, B2C2 is a crypto-native liquidity provider, with 450+ active institutional clients in 50+ countries.  The vast majority of agency OTC desks, FX brokers, aggregators, banks and hedge funds rely on B2C2 to provide principal liquidity across market conditions.  The firm provides a full service offering across spot, funding and derivative products with 24/7/365 global coverage and client support. https://twitter.com/B2C2Group/status/1501927439412436994 From the outset, B2C2 has sought to bring greater transparency, efficiency and best practice to the crypto market. In 2019, B2C2 was first to introduce a crypto-specific ISDA Master Agreement to replace the Digital Asset Purchase Agreement in use, providing clients with the gold standard legal framework under which to trade.  In the same year, B2C2 was first to launch electronic pricing and execution; and was the first European firm to receive a MiFID regulatory licence for its derivatives business.  Continuously innovative, in 2021 B2C2 traded the first-ever crypto non-deliverable forward (NDF). **Nicola White, President of B2C2 USA, said:** “At B2C2 we provide a safe, efficient and resilient framework for institutional firms seeking to participate in the fast-growing crypto asset class.  We are delighted to now be a part of ISDA and look forward to helping our clients advance their capabilities in crypto derivatives, a market segment with huge potential.” Source: B2C2 [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/first-principal-at-risk-crypto-firm-becomes-isda-primary-member) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/first-principal-at-risk-crypto-firm-becomes-isda-primary-member) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/first-principal-at-risk-crypto-firm-becomes-isda-primary-member) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/trading-across-the-pond-Jul-07-2022-09-33-17-07-AM.png?width=376&height=250&name=trading-across-the-pond-Jul-07-2022-09-33-17-07-AM.png)](https://articles.marketsmedia.com/eu-achieves-electronic-trading-of-standardized-otc-derivatives) Regulation ## [EU Achieves Electronic Trading of Standard OTC Derivatives](https://articles.marketsmedia.com/eu-achieves-electronic-trading-of-standardized-otc-derivatives) ISDA warns on proposed changes to post-trade deferrals regime. 07.07.2022 By Shanny Basar 2. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/iStock-522304914-Jul-07-2022-09-33-41-28-AM.jpg?width=376&height=250&name=iStock-522304914-Jul-07-2022-09-33-41-28-AM.jpg)](https://articles.marketsmedia.com/six-digital-exchange-collaborates-with-fireblocks) Fintech ## [SIX Digital Exchange Collaborates with Fireblocks](https://articles.marketsmedia.com/six-digital-exchange-collaborates-with-fireblocks) The partnership will focus on delivering an institutional custody solution for digital assets. 07.07.2022 By Shanny Basar 3. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/Depositphotos_103566932_L-2.jpg?width=376&height=250&name=Depositphotos_103566932_L-2.jpg)](https://articles.marketsmedia.com/iosco-publishes-crypto-asset-roadmap) Regulators ## [IOSCO Publishes Crypto-Asset Roadmap](https://articles.marketsmedia.com/iosco-publishes-crypto-asset-roadmap) The IOSCO Fintech Task Force will collaborate closely with other international bodies. 07.07.2022 By Shanny Basar [![MarketsMedia](https://articles.marketsmedia.com/hubfs/MarketsMedia.svg "MarketsMedia")](http://marketsmedia.com) - [About us](https://www.marketsmedia.com/about-us) - [Careers](https://www.marketsmediagroup.com/careers) - [Contact](https://www.marketsmediagroup.com/contact) - [Advertise](https://www.marketsmediagroup.com/advertise) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Corporate Site](https://marketsmediagroup.com) - © 2026 Markets Media Holdings LLC - - Terms & Conditions - Privacy Policy {{ standard\_footer\_includes }}