Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » Hodl Hodl and L2B Global form the non-custodial over-the-counter section of Bitcoin trading

    Hodl Hodl and L2B Global form the non-custodial over-the-counter section of Bitcoin trading

    0
    By BlockchainJournal on July 19, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    P2P-exchange for the sale and purchase of Bitcoin Hodl Hodl and the liquidity provider L2B Global have announced a strategic partnership to create a universal solution for the OTC market: from liquidity to escrow services.

    Hodl Hodl and L2B Global form new OTC desk https://t.co/S7vYYOyawE

    – Hodl Hodl (@hodlhodl) July 19, 2019

    L2B Global is a licensed European company that promotes over-the-counter transactions, and also participates in custodial transactions from both buyers and sellers. According to L2B Global, the company's banking and regulatory infrastructure, combined with an extensive network of liquidity partners, allows for large volume transactions.

    As part of the transaction, L2B Global will merge with Tenbagger, a subsidiary of Hodl Hodl, and will be responsible for managing the organization and expanding the infrastructure. Both sides noted that the over-the-counter market is currently very fragmented, and are confident that consolidation will create a single brand and achieve more together.

    “We believe that our cooperation with L2B Global will increase the liquidity of Hodl Hodl and will allow us to offer new types of services. Thanks to L2B liquidity and our own escrow solution, our over-the-counter partners already have the opportunity to buy or sell large amounts of bitcoins (worth more than 1 million euros). By combining our UTS department with L2B Global, we will provide not only secure and unique cryptocurrency solutions, but also the corresponding banking solutions in the fiat part of transactions , ”said Max Caidoun, CEO of Hodl Hodl.

    According to him, in the coming months, the geography of the new OTC platform will be expanded to Europe, Central Asia and the Middle East. Considerable attention will be paid to Eastern Europe, a region where today there is no proper OTS solution that would have great liquidity and considerable interest in Bitcoin from institutional investors and wealthy individuals.

    “So far, our transactions have been based on slow trust structures and a multitude of documents. With the help of the multisig solution offered by Hodl Hodl, we can quickly process large volumes and ensure faster execution of transactions for our clients , ”added N2 Oraevsky, L2B Global CEO.

    Recall that at the end of last year, L2B Global became one of more than twenty large cryptocurrency companies that became the first users of Sidestream Liquid from Blockstream. This technology is designed to service Bitcoin exchanges, processing services and traders, reducing the time required to carry out large volumes of transactions between different accounts.

    Subscribe to BlockchainJournal news on Facebook !

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    BlockchainJournal.news

    Bitcoin BlockStream Facebook Featured Liquid Network Offer OTC
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    ARK Invest Unloads Coinbase and GBTC Shares by Millions Amid Market Boom

    December 6, 20232 Mins Read

    GBTC Discount Shrinks as Bitcoin Price Surges

    December 6, 20232 Mins Read

    IBM Introduces OSO, Designed for Cold Storage of Digital Assets

    December 6, 20232 Mins Read

    Marathon Digital Produced 1,187 Bitcoins in November and Held 14,025 Unrestricted BTC

    December 5, 20232 Mins Read

    Volume Counterfeiting Allegations Rock RATS Token on Gate Exchange

    December 5, 20232 Mins Read

    A New Era for Cryptocurrency: Zodia Custody’s Integration with Harmonize

    December 4, 20232 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.