Hodl Hodl and L2B Global form new OTC desk
We are proud to announce a strategic partnership between Hodl Hodl and L2B Global.
Hodl Hodl’s platform takes peer-to-peer trading to the next level with multi-signature contracts. Thanks to non-custodial escrow capabilities, buyers and sellers around the world are able to perform over-the-counter transactions of significant sizes with guaranteed settlement. For traders who wish to conduct deals outside of the public order book, Hodl Hodl’s hidden liquidity pool consists of “Private Offers” (means other users won’t be able to see it in the exchange’s offer list, and it would only be accessible through the link.)
L2B Global is a licensed European institution that facilitates OTC transactions as well as participates in custody-based deals both on the buy and sell sides. Its banking and compliance infrastructure coupled with an extensive network of liquidity partners allows for large-block trades to be executed in a streamlined manner.
Together, both companies will collaborate on establishing a one-stop solution for the OTC market: from sourcing liquidity to providing escrow services.
“We believe that our cooperation with L2B Global will be able to add more liquidity to hodlhodl.com, and will allow us to offer a new variety of services to our OTC partners. Our OTC partners already have an opportunity to buy or sell large amounts of Bitcoin (>1m EUR) using L2B liquidity and Hodl Hodl’s escrow solution. By merging our OTC desk with L2B Global we will be able to ensure that we not only provide safe and unique crypto solutions built by Hodl Hodl, but also proper banking solutions to cover the fiat part of the trades. In the upcoming months, we plan to expand our newly formed OTC desk to Europe, Central Asia and the Middle East. We also plan to extensively cover the Eastern European region — a region that lacks a proper OTC solution, while having huge liquidity and significant interest in Bitcoin from wealthy families and institutional players” — Max Keidun, CEO at Hodl Hodl.
“Until now, our matching deals relied on slow legacy trust structures and mounds of paperwork… With Hodl Hodl’s multi-sig guaranteed settlement and arbitration system, we can quickly process high volumes and ensure a faster turnaround time for our clients — it’s a win-win! “ — Nik Oraevskiy, CEO at L2B Global
As part of the deal, L2B Global merges with Tenbagger, an subsidiary OTC desk, to take over its operations and expand the infrastructure. We believe that the OTC market is currently very fragmented; consolidation will allow us to build a unified brand and achieve a lot more together.
Creating next-generation infrastructure for onboarding new waves of investors to the bitcoin ecosystem requires a combination of traditional time-tested techniques as well as novel approaches. The technology native to Bitcoin opens a multitude of such opportunities. We at Hodl Hodl and L2B Global are excited to take advantage of innovation, in order to transform the over-the-counter market by improving deal-flow security and access to liquidity.
If you are looking to trade actively or already have a counterparty, we invite you to sign up at hodlhodl.com and create your first offer, whether public or private. Need an OTC counterparty or buy and/or sell directly on a regular basis? Find us at l2b.global.
Reach us
- Hodl Hodl exchange: hodlhodl.com
- TESTNET Hodl Hodl exchange: testnet.hodlhodl.com
- Predictions by Hodl Hodl: predictions.hodlhodl.com
- TESTNET Predictions by Hodl Hodl: predictions.cc
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Hodl!
