B2C2, a digital asset provider based in Jersey City, on Friday announced it Nicola White has been appointed as Group CEO effective Nov. 4 taking over from Phillip Gillespie who will step down.
Gillespie was key in SBI Financial Service’s acquisition of B2C2 in 2020, he will now go back to SBI for a venture capital role, according to B2C2’s announcement.
White was previously CEO, USA for B2C2, during which time she led the effort to expand B2C2’s capabilities in electronic trading across spot and derivatives and has grown the US business to gain significant market share across institutional clients. She joined B2C2 in 2021 from Citadel Securities, where she was global COO of fixed income. Prior to this, she was Global Head of Electronic Markets within the fixed income division at Morgan Stanley.
B2C2 also recently announced the appointment of Thomas Restout as EMEA CEO. Restout joined B2C2 from Morgan Stanley, where he was latterly Global Head of Macro Electronic Trading. He has brought additional and complementary market knowledge, as well as risk management and product innovation expertise to B2C2.
Max Boonen, co-founder and director of B2C2 said: “I knew we made a strong hire when Nicola joined the New Jersey office in 2021. Earlier this year I supported her promotion within B2C2’s leadership. The next 12 months in the crypto market will not be for the faint of heart and I am glad to have Nicola with us as we embark on an aggressive effort of market share expansion.”
“While we are experiencing volatile times in the crypto market, our firm has continued to provide critical, deep liquidity to our clients. B2C2’s role as a pioneer that creates a sustainable ecosystem, is to support our clients and the market as a whole, with dependable liquidity and robust risk management. Despite the current stresses the market is experiencing, in the future the crypto market will emerge stronger, and I’m looking forward to working with Thomas and my outstanding team as we drive the industry forward,” White stated.