B2C2, the crypto market maker owned by Japanese conglomerate SBI, is strengthening its foothold in Asia with the appointment of Laura Teo as the Singapore Country Head and Head of Sales for the Asia-Pacific region. Teo brings extensive experience from her tenure at major banks like Standard Chartered, Barclays, and Morgan Stanley.
Teo’s appointment aligns with B2C2’s strategic expansion plans in Asia, as the company pursues a Major Payment Institution license from the Monetary Authority of Singapore (MAS). The firm has already established a new office in Singapore and is actively growing its team to support its regional operations.
In her new role, Teo will spearhead B2C2’s commercial strategy across the Asia-Pacific region, focusing on bolstering the institutional client base and enhancing its licensed and banked presence locally. David Rogers, CEO Asia-Pacific at B2C2, emphasized the significance of Teo’s appointment in driving the company’s growth in Asia amidst strong client engagement in Singapore and Southeast Asia.
Teo’s extensive background, including her prior roles at Standard Chartered Bank, Barclays, and Morgan Stanley, positions her well to lead B2C2’s expansion efforts in the region. Her legal expertise from her early career as a solicitor further enriches her capabilities in navigating the complex regulatory landscape of the cryptocurrency market.
Beyond Asia and America, B2C2 has been actively expanding its global presence, entering the European Union in 2023 through the acquisition of the French market-making firm Woorton. Additionally, the company obtained a virtual asset service provider registration in Luxembourg to further strengthen its presence in continental Europe.
Looking ahead, B2C2 is reportedly seeking external investment to raise $200 million, with plans to potentially reduce SBI’s current stake in the company. While there is no official confirmation from B2C2 or SBI regarding this potential divestment, the move reflects the company’s strategic positioning for future growth and market expansion.
As B2C2 continues to make strategic moves to solidify its presence in key markets globally, the appointment of Laura Teo as the Singapore Country Head signifies a pivotal moment for the company’s growth trajectory in Asia and beyond.
📰 Related Articles
- Team BDS Appoints Alexandre Lopez as New CEO, Unveils Expansion
- REJECT Dominates LJL 2025 IGNITE Tournament, Eyes Asia-Pacific Expansion
- ORCA Computing Appoints Erik Langaker as Chairman for Global Expansion
- Miller Kaplan Appoints Steven Gin to Lead Risk Advisory Practice
- Zhongce Rubber Plans SSE Listing to Fund Expansion Projects