Online reported that sources said that cryptocurrency market maker B2C2, which is 90% owned by SBI Holdings, is seeking to raise more funds from outside investors. The London-based company plans to raise up to $200 million, according to a person familiar with the matter. Because the matter has not yet been made public, the person said some of the money will be used to help Tokyo-based SBI Holdings reduce its 90 percent stake. B2C2 declined to comment. As of press time, SBI Holdings had not responded to requests for comment. SBIFinancial Services, a subsidiary of SBI Holdings, acquired a 290% stake in London-based B2C in December 2020, after the company made its first investment of US$30 million in July of the same year.