B2C2 taps ex-Morgan Stanley executive Thomas Restout as CEO EMEA

Rick Steves

“I am excited to be joining the team to help accelerate expansion by widening the offering further, through leveraging technology and quantitative approaches.”

B2C2 has appointed Thomas Restout as Chief Executive Officer, EMEA, in a move to fuel further expansion at the institutional digital asset company, this time directed at the European, Middle East, and African regions.

The new head of the EMEA operation at B2C2 will be reporting to Phillip Gillespie, Group CEO.

Thomas Restout spearheaded Crypto at Morgan Stanley’s fixed income division

Thomas Restout joins B2C2 from Morgan Stanley, where he was most recently Global Head of Macro Electronic Trading, in charge of strategy, product innovation and execution across a broad range of disciplines, assets and trading protocols.

His job discription included being a member of the Morgan Stanley Securities Digital Currencies working group and spearheading Crypto trading for the Fixed Income division.

Prior to Morgan Stanley, Thomas Restout worked at investment bank Goldman Sachs and French corporate bank Natixis.

New CEO EMEA will help accelerate expansion by widening the offering further

Phillip Gillespie, Group CEO of B2C2, commented: “Institutional interest in cryptocurrencies is spurring more TradFi participants into committing significant resources towards the understanding, productisation and commercialisation of digital markets. B2C2 has grown to become one of the leaders driving this convergence. Our appointment of Thomas adds additional and complementary market knowledge, as well as risk management and product innovation expertise to B2C2. I am thrilled to welcome Thomas to B2C2.”

Thomas Restout, CEO EMEA at B2C2, added: “The tremendous growth of crypto assets during recent years shows its acceptance as an established asset class, attracting a growing range of institutional participants. B2C2 is a highly successful and strategic innovator in this market. I am excited to be joining the team to help accelerate expansion by widening the offering further, through leveraging technology and quantitative approaches.”

B2C2 CEO US Nicola White also worked at Morgan Stanley’s fixed income division

The US operation of B2C2 has recently appointed Nicola White as chief executive. She is a  former chief operating officer of fixed income at Citadel Securities and has originally joined B2C2 in July 2021 as president of B2C2 USA.

Prior to Citadel Securities, Nicola White spent nearly 13 years within Morgan Stanley’s fixed income division, same as Thomas Restout.

B2C2 is one of the largest OTC brokers/market makers in the crypto space and ‎provides related liquidity services. Founded in 2015 and headquartered in ‎London, the privately held company advertises its offering as a solution that bridges ‎the gap between traditional financial and cryptocurrency markets.‎

B2C2’s offering allows clients to take positions in the underlying OTC markets with a greater focus on offering a similar experience to trading on traditional FX platforms.‎

B2C2, which was fully acquired by Japanese financial conglomerate SBI Holdings in 2020, expanded its offering beyond crypto to include 24/7 FX trading. B2C2’s clients can view and execute their trades on a real-time two-way market through a point-and-click interface and also monitor live pricing in defined quantities.

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