B2C2 Shuffles Management Pack

Digital asset firm B2C2 has unveiled a new management line up as part of what it says is a planned transition over the past three months.

Nicola White, who joined the firm in 2021, has been named group CEO – she was named US CEO in May after former co-global head Rob Catalanello left the firm. White replaces Phil Gillespie, who B2C2 says, having been instrumental to the acquisition of B2C2 by SBI, will focus on a ventures role with SBI.

The appointments continue a period of change for the crypto market maker, after Thomas Restout was hired earlier this year as CEO of EMEA. Both White and Restout are Morgan Stanley alumni, however they overlapped in the electronic markets business for only nine months in 2015/16.

“I knew we made a strong hire when Nicola joined the New Jersey office in 2021,” says Max Boonen, co-founder and director of B2C2. “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.”

White adds, “I am honoured and excited to be appointed to the role of group CEO at this time of significant growth for the firm. We wish Philip success in his role with SBI. 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,” she adds.