Robinhood first lists B2C2 and Wintermute as major crypto market makers
2025-05-01 22:17:59
Robinhood has listed B2C2 as its crypto market maker for the first time in its latest Securities Exchange Commission (SEC) 10-Q report. According to the report, crypto trading volume in Robinhood is over $141 billion in 2024. Wintermute contributed 11% of trading revenue in Quarter 1 2025, while B2C2 contributed 12%, on par with traditional market maker Citadel. Robinhood said it plans to further expand its crypto business, including into the tokenization space. B2C2 was founded in 2015 and is headquartered in London; Wintermute was founded in 2017 by Evgeny Gaevoy.
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