BCB Blockchain

About BCB Blockchain

BCB Group operates as a financial services provider catering to the digital asset economy, positioning itself at the intersection of traditional finance and cryptocurrency. Founded in the United Kingdom in 2017 by Oliver von Landsberg-Sadie and Oliver Tonkin, the company was established to address the infrastructure challenges faced by businesses in the digital finance space. The firm is headquartered in London and serves a global client base of crypto-native businesses, including prominent exchanges like Bitstamp, Coinbase, Galaxy, and Kraken.

The company's core business revolves around providing an integrated suite of financial products through a unified, API-enabled platform. This includes business accounts with dedicated IBANs, payment processing in numerous fiat and cryptocurrencies, foreign exchange, and custody services. BCB Group's model focuses on bridging the gap between digital assets and traditional banking systems, a critical need for institutional clients. Revenue is generated through its trading and payment services, which have processed significant volumes, reporting nearly $100 billion in payments within its first five years and over $120 billion annually more recently.

A key feature of BCB Group's service is BLINC, its proprietary global payments network. BLINC facilitates instant, 24/7 settlements between network members across multiple currencies and digital assets, bypassing the limitations of traditional payment systems like SWIFT or SEPA. The company has expanded BLINC's capabilities to include major currencies like USD, EUR, and GBP, as well as USDC stablecoin clearing and custody through a partnership with Circle. Additionally, BCB offers specialized services such as BCB Treasury for corporate treasury management of digital assets and BCB Wealth Partners for private wealth clients.

The company's history is marked by significant funding milestones that have fueled its expansion. After an initial seed round in March 2019, BCB Group secured a $4.5 million strategic round in March 2021 and a substantial $60 million Series A round in January 2022, co-led by Foundation Capital. These funds are aimed at expanding into new regions, enhancing product offerings like yield and treasury services, and pursuing strategic acquisitions. The company holds regulatory licenses in the UK (FCA), Switzerland, and France (ACPR and AMF), underscoring its commitment to compliance in major financial jurisdictions.