The deal provides BlockFills with fiat accounts, virtual IBANs and instant payments across multiple currencies
LONDON and CHICAGO, Feb. 25, 2025 /PRNewswire/ -- BCB Group, leading provider of payment and digital asset services, and BlockFills, a leading digital assets trading and market technology firm for institutions and professional traders, today announced a partnership to deliver multi-currency payments to its clients.
The agreements align BlockFills' strength as a trading and liquidity provider with BCB Group's international fiat currency payment rails, further developing BlockFills' client offering and expanding BCB's fast-growing instant payments network.
Within the terms, BlockFills has adopted BCB Group payment accounts in US Dollars (USD), Sterling (GBP), Euro (EUR), and Yen (JPY) for its fiat currency operations. BCB is also providing virtual IBANs, allowing BlockFills to efficiently manage and reconcile payments in and out of its accounts. BCB Group payment accounts also have access to BCB's proprietary payments system BLINC, which enables instant and fee-free transactions between all BCB account clients.
"Working with BCB Group has enabled BlockFills to deliver streamlined payment solutions to our clients, speeding up transactions as well as on and off-boarding between crypto and fiat," said Nick Hammer, BlockFills CEO. "We have also increased our own operational efficiencies through multiple currency accounts and virtual IBANs."
Oliver Tonkin, Co-founder and CEO of BCB Group, said: "Getting BlockFills onboard is a valuable step forward for us into the North American crypto trading market where BlockFills is a major liquidity provider. It is also great to welcome another organisation to BLINC and its ever-expanding network of users."
BlockFills opened its accounts with BCB Group in October last year, accessing services through BCB's Client Console, and is now offering the service across its global base of 1,700+ institutional clients.
About BCB Group
BCB Group is a leading provider of regulated payment, wallet, and trading services in crypto and fiat for the digital asset economy. We provide accounts, cryptocurrency, and foreign exchange market liquidity for some of the world's largest, crypto-engaged businesses, including crypto exchanges, liquidity providers, market makers, investment firms, custodians, payment processors and wallet providers.
Our end-to-end suite of fiat and crypto payment, trading and wallet products are accessible through our Client Console UI and API. We offer more than 40 fiat and cryptocurrencies, deep trading liquidity, 24/7 instant payments through our instant settlements network, BLINC, and secure crypto services.
About BlockFills
BlockFills is a financial technology and trading solutions firm providing access to digital asset markets for institutional and professional traders. Dedicated to bespoke, end-to-end solutions for global market participants, BlockFills has successfully built and deployed a cutting-edge multi-asset technology stack.
The platform provides price discovery and aggregation, electronic order matching, smart order routing and trade reconciliation in the digital spot, derivatives* and lending markets. Additionally, BlockFills' software licensing solutions simplify all aspects of the digital asset trade lifecycle.
*Derivative Products available to Qualified Counterparties Only. For US Persons, client is an Eligible Contract Participant ("ECP") as defined in Section 1a(18) of the Commodity Exchange Act and related guidance. Non-US Persons must qualify as an Eligible Professional Client. BlockFills only provides services to customers resident in the UK who fall within an exemption available under the UK financial promotion regime (Investment professionals, High net worth individuals, High net worth companies, unincorporated associations etc. Certified sophisticated investors).
SOURCE BlockFills
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