Robinhood Lists B2C2 and Wintermute as Primary Crypto Market Makers for the First Time

In its latest SEC 10-Q report, Robinhood has listed B2C2 as its crypto market maker for the first time. According to the report, Robinhood's crypto trading volume exceeded $141 billion in 2024. Wintermute contributed 11% of trading revenue in the first quarter of 2025, while B2C2 contributed 12%, comparable to traditional market maker Citadel. Robinhood stated plans to further expand its crypto business, including entering the tokenization field. B2C2 was founded in 2015 and is headquartered in London; Wintermute was founded in 2017 by Evgeny Gaevoy.